World Perspectives

Inconvenient Truths; Innovative Approach; Killing Innovation

Inconvenient Truths EU officials released a preliminary analysis of the impacts of the F2F and biodiversity changes to the CAP and major farm organizations Copa & Cogeca have highlighted its disappointing results. The EU’s Joint Research Center came to the same conclusions as USDA’s Economic Research Service – EU farm production will decline along with farm income. The farm lobby of course emphasizes that any greenhouse gas emissions reductions will be mostly offset by increases in other countries making up for the production shortfalls. The trade association wants the EU to “be as ambitious in its trade policy as it is with its in-house strategies.”  Innovative Approach Bringing together North and...

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The EU MARS Crop Monitoring in Europe report is due out Monday, 24 November, but it has not been released as of WPI’s publishing time.  The EU countries voted last Wednesday to postpone the implementation of EUDR and simplify the legislation, the now-mutual agreem...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The EU MARS Crop Monitoring in Europe report is due out Monday, 24 November, but it has not been released as of WPI’s publishing time.  The EU countries voted last Wednesday to postpone the implementation of EUDR and simplify the legislation, the now-mutual agreem...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

Parsing Newly Resumed Macro Data

With the longest government shutdown in history now over, the flow of economic data has resumed.  Two key items of market interest are the September employment report and the August’s trade numbers. But they tell an uncertain story. especially when coupled with the Consumer Price Rep...

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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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