World Perspectives

EU-Mercosur Fallout; Get Your Own; WTO Ignored

EU-Mercosur FalloutThe EU and Mercosur reached agreement on a quarter century effort to have a free trade agreement. Tariffs will be removed on over 90 percent of two-way trade. The agreement has further procedural hurdles to overcome. France leads an effort to construct a blocking minority of four member states or 35 percent of the EU population. Opposition in France forced EU Commission President Ursula von der Layen to cancel her participation in tomorrow’s reopening of the Notre Dame Cathedral. There is also jockeying among countries seeking financial compensation for their acquiescence to the deal. U.S. farmers will be keenly watching the outcome of the agreement. Europe’s farmers appeared to win some reprieve from the Green Deal...

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Market Commentary: Mixed Volume, Mixed Outcomes

Agricultural futures were mixed today with generally higher volume except in soybeans and corn. Traders were cautious not to get out ahead of their skis given the historical propensity for USDA’s January WASDE report to contain curve balls (see below). New sales of soybeans to China made...

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Summary of Futures

Mar 26 Corn closed at $4.46/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0 from yesterday's close.  Mar 26 Soybeans closed at $10.6125/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, down $1.8 from...

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Livestock Round Up: 2025 Dietary Guidelines, Meat is Back

The USDA and the Department of Health and Human Services (HHS) recently released the 2025 Dietary Guidelines for Americans (DGA). The headline developments were a direct reversal of the 2015 guidelines, which were the first to not include a recommendation to consume meat based in part on sustai...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Volume, Mixed Outcomes

Agricultural futures were mixed today with generally higher volume except in soybeans and corn. Traders were cautious not to get out ahead of their skis given the historical propensity for USDA’s January WASDE report to contain curve balls (see below). New sales of soybeans to China made...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.46/bushel, down $0.0075 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0 from yesterday's close.  Mar 26 Soybeans closed at $10.6125/bushel, down $0.0575 from yesterday's close.  Mar 26 Soymeal closed at $303.6/short ton, down $1.8 from...

livestock

Livestock Round Up: 2025 Dietary Guidelines, Meat is Back

The USDA and the Department of Health and Human Services (HHS) recently released the 2025 Dietary Guidelines for Americans (DGA). The headline developments were a direct reversal of the 2015 guidelines, which were the first to not include a recommendation to consume meat based in part on sustai...

soy-oilseeds

Oilseed Highlights: Oilseed Demand Slumps while Vegoils Rise

The Market  With just two days left before the January WASDE, the soy complex is trading above week-ago levels, but that fact belies the weakness that has enveloped the market since late November. Skepticism over China’s long-term commitment to U.S. soybean purchases – especial...

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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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