World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Tariffs, WASDE, Fundamentals and Mixed Markets

Tariffs are down for many countries other than China, but they have not gone away. Yesterday’s market exuberance over the temporary pause was just a sugar high and reality returned on Thursday. The better-than-expected decline in inflation (CPI) in March wasn’t enough for outside markets and traders paired back bets. Unlike tariffs or CPI, the April WASDE report was not expected to move markets. It certainly did not move them in any unexpected way since the report itself was within the market’s expected range.   USDA had not changed the U.S. corn ending stocks number since January. It needed to increase the export number, which should trail back into ending stocks, and it did both. Following are some notable take...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey is reportedly buying Russian grain once again due to lower wheat production this year – production of wheat dropped from 21 MMT in 2023/24 to an expected 16.3 MMT in 2025/26 – due to severe drought. Turkey&rsquo...

livestock

Livestock Industry Margins

Beef packer margins surged for a fourth consecutive week, jumping $108/head to $228 and marking the strongest profitability in more than two years. Margins rose on the combination of a $5.88/cwt decline in live cattle and an $13.20/cwt drop in dressed cattle prices, while the Choice cutout ease...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Turkey is reportedly buying Russian grain once again due to lower wheat production this year – production of wheat dropped from 21 MMT in 2023/24 to an expected 16.3 MMT in 2025/26 – due to severe drought. Turkey&rsquo...

livestock

Livestock Industry Margins

Beef packer margins surged for a fourth consecutive week, jumping $108/head to $228 and marking the strongest profitability in more than two years. Margins rose on the combination of a $5.88/cwt decline in live cattle and an $13.20/cwt drop in dressed cattle prices, while the Choice cutout ease...

feed-grains soy-oilseeds wheat

Market Commentary: Snow Falls Across Midwest, Commodities Fall Across CBOT

The U.S. Midwest received heavy snowfall this weekend and as snowflakes drifted lower so – apparently – did CBOT traders’ sentiments. The ag markets were almost entirely on the defensive to start the last month of the year with soyoil being the only major market to see meaning...

Ag as Affordability Solution; EU Developments

Ag as Affordability Solution Around 12 percent of Americans received federal food assistance (SNAP) and 10 percent are classified as living below the poverty line but financial analyst Michael W. Green has controversially calculated the threshold at $136,500/year. After all, a family of four li...

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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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