World Perspectives
feed-grains soy-oilseeds livestock

Indian Subcontinent Regional Analysis

India's spot corn price has stabilized over the past few days in most markets, but  today's average price was still lower than on 1 October. Meanwhile, demand seems to be catching up, although  imports seem unlikely. Corn Prices Rising with Imports Unlikely As the rabi sowing season has started, the major problem facing farmers in coming months will be irrigation. According to the government of India (GOI), the 91 major reservoirs are only 51 percent full compared with 76 percent a year ago. The kharif crop failed in southern India because of the deficient monsoon, and the only hope for farmers is the northeast monsoon that has commenced in Tamil Nadu, Kerala, which may provide rains in Karnataka and Andhra Pradesh.The spot corn...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

Friday involved relatively lower volume and modest price changes as new inputs remain limited. And it wasn’t really due to the lack of USDA reports due to the shutdown since they may not have involved anything market moving. Harvest is progressing, competitors have ample supplies, and buy...

feed-grains soy-oilseeds wheat

Summary of Futures

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

Following the recent shocks to the grain markets – the Grain Stocks report data and news that soybeans will be on the negotiating table when Presidents Trump and Xi meet next – many are wondering what happens next as far as commodity pricing goes. WPI certainly doesn’t have a...

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Accountability and a comprehensive approach to export programming

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