World Perspectives
wheat biofuel energy

Indian Subcontinent Regional Analysis

While GOI is continuing to procure local wheat for the MY 2017/18 program, imports are still feasible despite the 10 percent duty with one particular origin deliverable at a lower cost than domestic stocks. Sugar Production Down; Ethanol Blending Limited Based on India’s current sugar production and demand in sugar year 2016/17 (September-October), carryover stocks will total 3.3 MMT for 2017/18. It is expected that the government of India (GOI) will allow an early crush in October 2017, and the 2017/18 production could total 24 MMT. If the crush is delayed, however, the crop may be allowed to mature, which could possibly boost production by 0.5–0.8 MMT.To secure a comfortable position on sugar, GOI should allow imports of another 0.5 MMT...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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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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