World Perspectives
soy-oilseeds

Argentina DET Trouble

Argentina has used the differential export tax for many years to favor the export of processed soyoil and soymeal over soybeans. The policy supports an industrial base, and it allows taxation on higher value exports. However, it is not without its troubles. For one, it upsets farmers who contend there is no economic benefit that flows down to them. The government has a poor grasp on the black market and so it requires high export taxes to generate revenues for basic operations. This empowers dockworkers to demand more in wages since their work is essential to feeding government coffers. Worse, the global trade in these two products has been static at best, and in decline as a finer point. It may work for now but it is looking less sustaina...

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CFTC COT Report Analysis

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Market Commentary: Black Sea Instability and Trade War Influences

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Summary of Futures

Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

feed-grains soy-oilseeds wheat

WPI Quarterly Grain Balance Sheet Forecasts

The latest updates and model runs from WPI’s grain balance sheet and pricing forecasts show that corn and wheat are likely to see stronger-than-expected demand that should create upside potential for cash and futures markets. Conversely, soybeans are expected to see weaker demand (particularly...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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