World Perspectives

Recent Market Analysis

Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

livestock

Cattle on Feed Report: Record-Low Placements and Marketings Extend Their Streaks

USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...

livestock

Cold Storage Report Summary and Analysis

Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

livestock

Cattle on Feed Report: Record-Low Placements and Marketings Extend Their Streaks

USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...

livestock

Cold Storage Report Summary and Analysis

Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

Biofuels

Biofuels

feed-grains biofuel

India’s Changing Sugar Policies Have Implications for an Evolving Corn Market

Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fourth straight week, selling a net 119,000 contracts through Tuesday’s reporting deadline and reducing the combined net-long position by 13.1 percent. Corn accounted for 70 percent of the weekly selling, while funds also...

soy-oilseeds biofuel

EPA Proposes Two Options for Reallocation of SRE RINs

Key Takeaways: The EPA has proposed reallocating 770 million RINs associated with Small Refinery Exemptions (SREs), either splitting the volume equally between 2026 and 2027 or assigning the full amount to 2027. The agency granted exemptions covering 1.76 billion RINs for 2025, substantially e...

feed-grains biofuel

India’s Changing Sugar Policies Have Implications for an Evolving Corn Market

Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fourth straight week, selling a net 119,000 contracts through Tuesday’s reporting deadline and reducing the combined net-long position by 13.1 percent. Corn accounted for 70 percent of the weekly selling, while funds also...

soy-oilseeds biofuel

EPA Proposes Two Options for Reallocation of SRE RINs

Key Takeaways: The EPA has proposed reallocating 770 million RINs associated with Small Refinery Exemptions (SREs), either splitting the volume equally between 2026 and 2027 or assigning the full amount to 2027. The agency granted exemptions covering 1.76 billion RINs for 2025, substantially e...

soy-oilseeds biofuel

Premium Vegetable Oils Fill a Niche in the Market

Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...

Farm Inputs

Farm Inputs

feed-grains soy-oilseeds livestock

State of USMCA Talks: Progress with Mexico, Canada Stalled

On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...

farm-inputs energy

Executive Order and G7 Actions on Diesel Fuel

In a letter last week to President Trump, Zippy Duvall, president of the American Farm Bureau Federation (AFBF), wrote that diesel prices are squeezing farmers’ margins. As Duvall wrote: Higher diesel expenses are hitting farmers at one of the most fuel-intensive times of the year —...

farm-inputs energy

Energy Markets and the Slowly Disappearing Diesel Export Ban Proposal

There was encouraging news over the weekend: the White House may reject the misguided idea on Capitol Hill to ban U.S. diesel exports. What WPI has noted previously was perhaps best put by a Department of Energy report of 2022, under the Biden administration: Petroleum liquids markets are globa...

feed-grains soy-oilseeds livestock

State of USMCA Talks: Progress with Mexico, Canada Stalled

On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...

farm-inputs energy

Executive Order and G7 Actions on Diesel Fuel

In a letter last week to President Trump, Zippy Duvall, president of the American Farm Bureau Federation (AFBF), wrote that diesel prices are squeezing farmers’ margins. As Duvall wrote: Higher diesel expenses are hitting farmers at one of the most fuel-intensive times of the year —...

farm-inputs energy

Energy Markets and the Slowly Disappearing Diesel Export Ban Proposal

There was encouraging news over the weekend: the White House may reject the misguided idea on Capitol Hill to ban U.S. diesel exports. What WPI has noted previously was perhaps best put by a Department of Energy report of 2022, under the Biden administration: Petroleum liquids markets are globa...

biofuel farm-inputs energy

Diesel Fuel Costs, One Acre at a Time

Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...

Equities

Equities

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Export Sales Support Grains; Screwworm Concerns Grow

What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Export Sales Support Grains; Screwworm Concerns Grow

What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.6325/bushel, up $0.0125 from yesterday's close.  Dec 26 Wheat closed at $6.2825/bushel, down $0.15 from yesterday's close.  Nov 26 Soybeans closed at $12.4525/bushel, down $0.03 from yesterday's close.  Dec 26 Soymeal closed at $348.3/short ton, down $0.4...

Energy

Energy

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

energy

Transportation Perspectives - 22 October

Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand.  Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...

Softs

Softs

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Managed money was a net seller across agricultural markets for the fifth straight week, selling a net 159,000 contracts through Tuesday's reporting deadline and reducing the combined net-long position by 20.1 percent to 633,000 contracts. Corn again accounted for roughly half the weekly selling...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.56/bushel, down $0.045 from yesterday's close.  Dec 26 Wheat closed at $6.25/bushel, up $0.0025 from yesterday's close.  Nov 26 Soybeans closed at $12.565/bushel, up $0.035 from yesterday's close.  Dec 26 Soymeal closed at $346.1/short ton, down $1.2 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close.  Dec 26 Wheat closed at $6.2475/bushel, down $0.035 from yesterday's close.  Nov 26 Soybeans closed at $12.53/bushel, up $0.0775 from yesterday's close.  Dec 26 Soymeal closed at $347.3/short ton, down $1 f...

softs

A Future for Onion Futures?

Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...

Macroeconomics

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

The Ag Trade Balance: Gradually and Suddenly

Key Takeaways:  The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Export Sales Support Grains; Screwworm Concerns Grow

What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Bearish Week on a Mixed Note; Bullish COF and Cold Storage Data

What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...

The Ag Trade Balance: Gradually and Suddenly

Key Takeaways:  The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...

feed-grains soy-oilseeds wheat

Market Commentary: Strong Export Sales Support Grains; Screwworm Concerns Grow

What You Need to Know Today: New World screwworm is back in the headlines after new cases were found in a hunter-harvested elk in Texas and a beef cow in New Mexico. The detection in wildlife could further complicate containment efforts, as implementing effective biosecurity measures is consid...

feed-grains livestock

Dairy: From Powder to Protein

Key Takeaways: Demand and capacity decide where milk growth lands. Italian cheese is up 4.2 percent in 2026, and milk output is growing fastest in Kansas, South Dakota and Texas, where the new plants are located. Price spreads decide where the marginal milk goes. The Class IV premium over Clas...

Pulses

MAHA: More Pulses? Does it Matter?

The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

MAHA: More Pulses? Does it Matter?

The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

feed-grains soy-oilseeds wheat

Indian Subcontinent Regional Analysis

Higher Early Sugar Production and Slow Exports Could Pressure Prices Due to the early start of the 2018/19 sugarcane crushing season, Indian sugar mills were able to produce 21.93 MMT of sugar as of 15 February 2019 versus 20.36 MMT at the same point a year ago, an increase of 7.71 percent. Ano...

Freight

energy

Transportation Perspectives - 22 October

Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand.  Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...

FOB Prices and Freight Rates App (Updated 21 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

Transportation Perspectives - 15 October

Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes.  Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...

energy

Transportation Perspectives - 22 October

Key Takeaways: Dry bulk markets remain mixed with Capesize rates turning around from their recent weakness and posting solid gains on improved Chinese demand.  Panamax vessels, on the other hand, saw rates decline amid greater tonnage availability in the South Atlantic and falling U.S. Gu...

FOB Prices and Freight Rates App (Updated 21 October)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

Transportation Perspectives - 15 October

Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes.  Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...

energy

Crude Shipments Out of the Gulf Lower than Thought, Diesel Import Plan Challenged

Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...

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