WPI Spotlight

  • August 24, 2017
    During his presidential campaign, candidate Donald Trump often characterized the 23-year-old North American Free... NAFTA Renegotiation Begins
  • June 20, 2017
    Farmers in India want the Swaminathan Report recommendations implemented, including the suggestion that Minimum... Loan Waivers and MSP Issues in India

Ag Perspectives

Your Daily Source for Insightful and Valuable Analysis

Today's Articles: Wednesday, 22 November

Happy Thanksgiving from WPI

There will be no Ag Perspectives report on Thursday, 23 November in observance of the Thanksgiving holiday in the United States. We will resume our normal  schedule on Friday.

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Closing Futures Prices

Today's grain, oilseed, cattle and hog prices.

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Market Commentary

There is some history of erratic price action in grain and soy futures markets on the day before Thanksgiving. We do not know if today’s qualifies as erratic, but there was at least a bit more price movement than there has been in a while.

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China In-Country Analysis

Several factors combined to push China's estimated soymeal inventory to its lowest level of the year. It stood at 553,100 MT as of 10 November, a sharp decrease of 79,000 MT (-12.5 percent) from the previous week.

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Black Sea Regional Analysis

Russian grain prices continued to rise because of higher demand, and exports are up notably versus a year ago. Meanwhle, Ukrainian sunflower seed and crude sunflower oil prices declined due to one domestic development.

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Not So Great NAFTA; Fake Facts; Stunned Bill

As the NAFTA negotiations continue, the Trump administration wants to mandate a “rebalancing” of actual trade and not just the terms of trade. This objective violates the principle of comparative advantage and thus will lead to higher prices and lower quality.

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Thursday

See what USDA has on its calendar tomorrow.

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Contact Us

Do you have any questions, comments or concerns regarding our market and policy analysis? Please email wpi@agrilink.com.

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WPI Spotlight

  • August 24, 2017
    During his presidential campaign, candidate Donald Trump often characterized the 23-year-old North American Free... NAFTA Renegotiation Begins
  • June 20, 2017
    Farmers in India want the Swaminathan Report recommendations implemented, including the suggestion that Minimum... Loan Waivers and MSP Issues in India