World Perspectives
farm-inputs

Eye on Weather for 2022 Considering Fertilizer Prices

There has been much discussion and focus on the weather conditions in South America, and Brazil in particular where it has been dry across the central and southern parts of the country. Heavy rains are also causing crop loss in some of the northern areas. The forecast is for more La Nina effect, and the outlook for Argentina is dry and warm as well.  In the U.S., fall rains – including mid-December big storms/tornadoes – in Minnesota and Wisconsin have helped pull much of the dry areas of the western corn belt out of drought conditions, but things remain dry. With weather above normal in December the rains have helped soil moisture; colder weather and freezing for the rest of the winter will slow that process. La Nina coul...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Lower as Slow Export News Overrides Black Sea Tensions

The CBOT was mostly lower at mid-week with the threat of Russian attacks on Ukrainian vessels and ag infrastructure taking a backseat to the lack of export news, particularly from China. Corn, wheat, and soybeans all settled in the red for the day with soybeans leading the downside move on anot...

Waste Energy; Selective Protectionism

Waste Energy The cudgel held over agriculture-based feedstocks has typically been indirect land use. The U.S. biofuel industry is currently battling with California regulators over its calculation. Works in Progress editor Samuel Hughes identifies land use restrictions as newly common across al...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.435/bushel, down $0.065 from yesterday's close.  Mar 26 Wheat closed at $5.3825/bushel, down $0.0275 from yesterday's close.  Jan 26 Soybeans closed at $11.1575/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $311.3/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Ends Lower as Slow Export News Overrides Black Sea Tensions

The CBOT was mostly lower at mid-week with the threat of Russian attacks on Ukrainian vessels and ag infrastructure taking a backseat to the lack of export news, particularly from China. Corn, wheat, and soybeans all settled in the red for the day with soybeans leading the downside move on anot...

Waste Energy; Selective Protectionism

Waste Energy The cudgel held over agriculture-based feedstocks has typically been indirect land use. The U.S. biofuel industry is currently battling with California regulators over its calculation. Works in Progress editor Samuel Hughes identifies land use restrictions as newly common across al...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.435/bushel, down $0.065 from yesterday's close.  Mar 26 Wheat closed at $5.3825/bushel, down $0.0275 from yesterday's close.  Jan 26 Soybeans closed at $11.1575/bushel, down $0.09 from yesterday's close.  Jan 26 Soymeal closed at $311.3/short ton, down $0...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

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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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