World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 395,100 metric tons for 2019/2020 were down 24 percent from the previous week, but up 11 percent from the prior 4-week average.  Increases primarily for Mexico (78,900 MT, including 30,000 MT switched from unknown destinations and decreases of 100 MT), Nigeria (77,000 MT), unknown destinations (56,500 MT), Bangladesh (55,000 MT), and Japan (42,200 MT, including decreases of 1,500 MT), were partially offset by reductions for Indonesia (1,200 MT) and the Leeward and Windward Island (400 MT).  Exports of 510,900 MT were up 5 percent from the previous week, but down 1 percent from the prior 4-week average.  The destinations were primarily to Japan (118,800 MT), Mexico (100,800 MT), China (63,000 MT), Ind...

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feed-grains

Not an Orphan Crop

Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16%) of world sorghum production is exp...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat High temperatures in recent days have slightly accelerated crop maturity and the harvest in Argentina. Weekly harvest progress reached 12 percent, with 30 percent of the area harvested. Yields show significant variability. In some cases, yields are improving as harvesters move into t...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News Eastern Ukraine and southern Russia remain unseasonably warm and dry, though the regions received beneficial rains at the end of last week. The Balkans saw unusually heavy rainfall from the same storm system. Polish protesters are planning on blocking the border with Ukr...

feed-grains

Not an Orphan Crop

Sorghum marketers often characterize their commodity as an ancient grain that is drought tolerant. They deflect comments that it is an orphan crop, grown locally for local consumption. They may agree it is under-utilized. In fact, a slightly higher share (16%) of world sorghum production is exp...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat High temperatures in recent days have slightly accelerated crop maturity and the harvest in Argentina. Weekly harvest progress reached 12 percent, with 30 percent of the area harvested. Yields show significant variability. In some cases, yields are improving as harvesters move into t...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News Eastern Ukraine and southern Russia remain unseasonably warm and dry, though the regions received beneficial rains at the end of last week. The Balkans saw unusually heavy rainfall from the same storm system. Polish protesters are planning on blocking the border with Ukr...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Once again, the major finding of Friday’s CFTC report is that funds still remain solidly bullish corn and added another 7 percent to their long position in that market. That was particularly impressive as the week ending 19 November (the reporting deadline for the CFTC report) included days wit...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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