World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Major Surprises in Acreage, Grain Stocks Reports; Cattle Hit New Highs

USDA’s highly anticipated June Acreage estimates and quarterly Grain Stocks reports did not fail to live up to their hype and brought several significant surprises on Friday. This article will detail the reports and their implications in the next paragraphs, but in summary, corn planted acres were well above expectations while soybean acres headed the opposite way and soybeans stocks earlier this month were surprisingly low. The reports sent corn futures sharply lower as the post-weather-rally selloff deepened amid a much larger supply outlook. Weaker corn pulled wheat lower too while the soy complex saw large gains on a demand-rationing move higher. Funds were noted sellers in the grain markets and were equally aggressive buyers in t...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Weather Disrupts Argentine Corn Harvest  Heavy rains have compounded weeks of high humidity in Buenos Aires province, marking July as the wettest in the core region in 40 years. While the improved soil moisture will be beneficial for corn planting that’s set to begin in about a month...

USDA Reorganization

USDA has opened a comment period on its agency reorganization plan. Comments will be accepted until 26 August. The plan is similar to that of the first Trump Administration, which was widely panned by USDA personnel. One of the primary goals is to move employees out of the high-cost Washington,...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Weather Disrupts Argentine Corn Harvest  Heavy rains have compounded weeks of high humidity in Buenos Aires province, marking July as the wettest in the core region in 40 years. While the improved soil moisture will be beneficial for corn planting that’s set to begin in about a month...

USDA Reorganization

USDA has opened a comment period on its agency reorganization plan. Comments will be accepted until 26 August. The plan is similar to that of the first Trump Administration, which was widely panned by USDA personnel. One of the primary goals is to move employees out of the high-cost Washington,...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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