World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Perfect Micro-Storm for Grains

The CBOT was higher on Tuesday in a continuation of the post-WASDE exuberance. Rather than USDA’s world balance sheets providing a reason to rally, however, it was the Crop Progress report, rumors of new export business, and progress in a U.S.-China trade agreement that motivated the day’s buying. First, the Crop Progress and Conditions report showed corn and soybean ratings falling, which made traders and analysts suspicious that dry conditions in the eastern Corn Belt – which possibly threaten yields – are to blame. Next, there were rumors that several Asian nations booked large quantities of U.S. wheat this week amid the U.S. dollar falling and Black Sea logistics issues. Finally, markets were enthusiastic about T...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

soy-oilseeds

The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

feed-grains soy-oilseeds wheat

Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

soy-oilseeds

The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and...

Image
From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up