World Perspectives
feed-grains soy-oilseeds livestock

China In-Country Analysis

Macroeconomics Food Costs See Sharp Drop in July After a Sizable Uptick in June Food prices have whipsawed this summer after seeing a steady climb in Q2. After a 1 percent uptick in May, the average cost of food moved up 2.3 percent in June from the year prior. While pork prices fell by 7.2 percent in June, fresh vegetables, fresh fruit, cooking oil, eggs, and milk saw year-on-year increases of 10.8 percent, 6.4 percent, .6 percent, and .4 percent, respectively. That upward trend quickly reversed course in July, as China’s overall economy hit the skids on declining consumer sentiment.   Overall, food prices dropped by 1.7 percent last month from a year ago. Pork prices plummeted by 26 percent, year-on-year, underscoring t...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

Following the recent shocks to the grain markets – the Grain Stocks report data and news that soybeans will be on the negotiating table when Presidents Trump and Xi meet next – many are wondering what happens next as far as commodity pricing goes. WPI certainly doesn’t have a...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0525 from yesterday's close.  Dec 25 Wheat closed at $5.1475/bushel, up $0.055 from yesterday's close.  Nov 25 Soybeans closed at $10.2375/bushel, up $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $279.3/short ton, up $5.7 fr...

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