World Perspectives
soy-oilseeds

Hot Vegetable Oil

The global oilseeds situation remained on track this past week with supplies tight and prices rising. March soybeans likely added over 50 cents this week, but nothing is hotter than the global vegetable oil situation. First a look at the overall soybean production situation. South American Soybeans Growers have had a brief respite from the heat and drought, allowing crop conditions to improve somewhat, but damage has been done. A survey in hardest hit Rio Grande do Sul pegs losses at 48.7 percent and the value of lost soy and corn is said to be $6.6 billion. That number rhymes with Paraguay where Michael Cordonnier says soybean output could be 50 percent smaller. Estimates are also falling in Matto Grosso do Sul. Producers in Paraná...

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feed-grains soy-oilseeds wheat

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Export Sales and Shipments for November 8-14, 2024. Wheat: Net sales of 549,600 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 29 percent from the prior 4-week average. Export shipments of 133,900 MT--a marketing-year low--were down 56 percent from the previou...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Soybeans; Corn, Wheat Fall on Export Data

The CBOT was mostly lower for the day with corn, wheat, and the entire soy complex finding their way into the red for various reasons. Wheat initially rallied on rising tensions and attacks between Rusia and Ukraine, with Ukraine accusing Russia of launching an intercontinental ballistic missil...

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Ocean Freight Comments - 22 November 2024By Matt HerringtonThe major story behind dry bulk freight markets remains the same: slack demand causing additional weakness in rates. The downturn in rates is accelerating as markets head into the holiday season, which is usually a lull period for freig...

feed-grains soy-oilseeds wheat

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Export Sales and Shipments for November 8-14, 2024. Wheat: Net sales of 549,600 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 29 percent from the prior 4-week average. Export shipments of 133,900 MT--a marketing-year low--were down 56 percent from the previou...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Soybeans; Corn, Wheat Fall on Export Data

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livestock

Livestock Roundup: Cattle on Feed Preview

The monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100 percent of last year’s 11.9 million head, at a range of estimates between 99.5 percent and 101.3 percent of 1 November 2023. This would be 11.6 mil...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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