World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy markets started out weaker in overnight trade and continued to trade red numbers throughout the day session in a relatively subdued manner. Meanwhile, the Pro Farmer Midwestern crop tour seems to have assumed some increased level of importance. General Comments The Pro Farmer Midwestern crop tour, currently underway, seems to have assumed some increased level of importance compared with the last few years. The reasons for this are USDA’s August corn and soybean yield estimates of 175.1 bushels/acre and 48.9 bushels/acre, respectively. Those are spectacular levels and, if realized, would blow up the existing yield records. It has been an odd growing season so far with very warm temperatures but ample rainfall except for limit...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

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feed-grains soy-oilseeds wheat

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The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

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Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

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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...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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