World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Soybeans quickly moved into the green during overnight trading and extended those gains early this morning. November soybeans finished that session 9.75 cents higher, which lent modest support to corn (up 1.75 cents) and wheat (September SRW up 2.25) futures as well. The day session featured strong soybean buying on a combination of short covering and rumors of Chinese interest/purchases. While those rumors are not yet confirmed, they were sufficient to spark a CBOT soybean rally. Strength in soybeans spilled over into soymeal, soyoil, corn, and wheat futures. The weather remains unfavorable for the corn and soybean crops through the weekend with extreme heat across the Midwest and little rain. Fortunately, next week features more moderat...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  It was another very short trading week in Argentina, with Thursday and Friday being national holidays. Argentina’s corn harvest continues to progress slowly, with priority given to soybeans while farmers wait for grain moisture levels to drop in the central and southern parts o...

livestock

FDA Approves PRRS Resistant Pigs

After years of research and a lengthy regulatory approval process, Genus Pig Improvement Company (PIC) has received clearance from the U.S. Food and Drug Administration (FDA) for the gene edited PRRS-resistant pig (PRP) to be used in the U.S. food supply chain. Genus executives note this is a s...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The weather forecast for Europe and the Black Sea remain highly varied, though mostly optimistic for grain and oilseed production. Conditions have been favorable for planting across the UK and EU to date, though Ukraine and Russia have seen unseasonably cold conditions that...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  It was another very short trading week in Argentina, with Thursday and Friday being national holidays. Argentina’s corn harvest continues to progress slowly, with priority given to soybeans while farmers wait for grain moisture levels to drop in the central and southern parts o...

livestock

FDA Approves PRRS Resistant Pigs

After years of research and a lengthy regulatory approval process, Genus Pig Improvement Company (PIC) has received clearance from the U.S. Food and Drug Administration (FDA) for the gene edited PRRS-resistant pig (PRP) to be used in the U.S. food supply chain. Genus executives note this is a s...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The weather forecast for Europe and the Black Sea remain highly varied, though mostly optimistic for grain and oilseed production. Conditions have been favorable for planting across the UK and EU to date, though Ukraine and Russia have seen unseasonably cold conditions that...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed that funds continue to lean bearish the ag space with money managers either paring back longs or expanding shorts. The only exceptions to the bearish trend was the continued buying in the livestock complex and, in a bit of a switch from recent trends, across th...

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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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