World Perspectives
wheat

Fostering Rice for Flour Unsustainable

South Korea has had a problem. Its farmers insist on growing rice while its consumers are increasingly switching consumption to wheat-based products. For the second time in recent years the government has contrived a subsidy plan to reduce rice output in favor of wheat or soybeans. It provides incentives for production, sales,and technical support for the milling industry. The latter is being encouraged to use rice flour in lieu of wheat flour. At a time when global rice supplies are at their tightest in seven years, the government is even discouraging the use of higher yielding rice varieties.  The effort is having some success, but it isn’t sustainable for many reasons, though first and foremost is economics. In South Korea, t...

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feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.235/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.3925/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, up $0.015 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $2.1 fr...

feed-grains soy-oilseeds wheat

China Update

Geopolitics China's reaction to Japanese Prime Minister Sanae Takaichi's recent remarks on a potential Taiwan crisis has been disproportionately harsh and overtly hostile as it tried to undermine her domestic political support. Beijing’s ban on seafood imports from Japan based on the Fuku...

feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.235/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.3925/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, up $0.015 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $2.1 fr...

feed-grains soy-oilseeds wheat

China Update

Geopolitics China's reaction to Japanese Prime Minister Sanae Takaichi's recent remarks on a potential Taiwan crisis has been disproportionately harsh and overtly hostile as it tried to undermine her domestic political support. Beijing’s ban on seafood imports from Japan based on the Fuku...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran remains the largest importer of Brazil maize at about 6.1 MMT followed by Egypt at about 5.3 MMT then Saudi Arabia at 1.5 MMT, Morocco at 1.1 MMT, Algeria at 1.0 MMT and Bangladesh at 770,000 MT. Brazil exported 29.6 MMT of m...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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