World Perspectives
feed-grains soy-oilseeds wheat

Indian Subcontinent Regional Analysis

In a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for several of the 2014/15 winter-sown crops including wheat, mustard, barley, chickpeas and masoor (red lentil), etc. MSP Raised for Key Crops In a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for several of the 2014/15 winter-sown crops including wheat, mustard, barley, chickpeas and masoor (red lentil), etc. The crops will be marketed in the 2015/16 season.The increases, based on the Commission of Agricultural Costs and Price (CACP) recommendations, are nominal as GOI wishes to keep a tab on inflation. However, the price boost is likely to...

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feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 22 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Market Commentary: Negative Icing on a Bearish Cake; Cattle Rally as NWS Found 70 Miles from Border

The CBOT was sharply lower to start the week as markets had a negative reaction to surprising policy developments from South America. Argentina’s government announced a zero-export tax policy on grains through 31 October in an attempt to boost domestic reserves of U.S. dollars (for detail...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.1075/bushel, down $0.1175 from yesterday's close.  Nov 25 Soybeans closed at $10.11/bushel, down $0.145 from yesterday's close.  Dec 25 Soymeal closed at $280.1/short ton, down $...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 22 September)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina’s Tax Policy Update On Monday, 22 September, the Argentine government announced a temporary elimination of export duties on all grains and by-products. The measure will remain in effect until 31 October 2025, or until $7 billion in foreign currency inflows are reached, whichever...

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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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