World Perspectives
feed-grains

AM Outlook - Grains Over Beans

GOOD MORNING, Prices started the PM session lower with corn prices slowly recovering led by wheat.    Harvest proceeds forward as trading volumes are light.  China is on holiday this week for Golden Week, which will add to fund control.  Egypt announced an October 5 deadline for 30,000 mt of soyoil and 10,000 mt of sunflower oil. Beans continue to lose more vs. corn, trading into five-month lows.  Lower bean prices may suggest to the farmer to plant more corn next year.  The bean /corn ratio may slowly have the mission now to tick up in favor of corn given the USDA Sep 30 stocks number and better harvest potential for beans. A 250 mln bu bean carry-out is comfortable as is the rising stocks-to-use ratio. ...

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feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn  Argentina’s 2024/25 corn harvest is virtually complete, with only isolated fields still being collected. Final output is expected to exceed 50 MMT. Attention now shifts to the 2025/26 crop, where planted area is projected at 7.8 million hectares — surpassed only by the 20...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Global wheat futures all hit new contract lows last week with strong Russian exports (at cheaper prices), larger global production estimates, and few weather risks driving the bearish momentum. Markets managed to pare back those losses, however, by the week’s end and a...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders embarking on a second straight week of net short selling across the ag space as they slightly expanded a relatively neutral position. The expansion of the short position came mostly from selling in soybeans, soyoil, and SRW wheat, with min...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn  Argentina’s 2024/25 corn harvest is virtually complete, with only isolated fields still being collected. Final output is expected to exceed 50 MMT. Attention now shifts to the 2025/26 crop, where planted area is projected at 7.8 million hectares — surpassed only by the 20...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Global wheat futures all hit new contract lows last week with strong Russian exports (at cheaper prices), larger global production estimates, and few weather risks driving the bearish momentum. Markets managed to pare back those losses, however, by the week’s end and a...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders embarking on a second straight week of net short selling across the ag space as they slightly expanded a relatively neutral position. The expansion of the short position came mostly from selling in soybeans, soyoil, and SRW wheat, with min...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Surprises; Market Marches Its Own Beat

While there was some red flashing early in today’s trading session, by the close all major grain and oilseed contracts were in the green. Ahead of USDA’s September WASDE report, the trade was focused on yield cuts, which had also been the principal output of various private sector c...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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