World Perspectives

Markets are Scary

The government of Narendra Modi is pushing through reforms to make Indian agriculture more market-oriented, but it has become a huge political fight within the country. Since independence, agriculture in India has been largely about government control of supply and thus the price received by hundreds of millions of poor farmers. The Essential Commodities Act restricted supply and forced marketing through a system of middlemen (mandis) that too often have involved corruption.  Now three separate pieces of legislation, the Farmers Produce, Trade and Commerce bill, Empowerment and Protection Agreement on Price Assurance, and Farm Services provisions, would, among other things, allow farmers to negotiate production and prices separately,...

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soy-oilseeds

WASDE Soybeans

Soybeans - USDA’s April 2025 estimates increase U.S. soybeans oil exports by 500 million pounds due to strong export commitments. U.S. soybean exports are unchanged and imports increased slightly – resulting in a 5 million bushel decrease in ending stocks to 375 million. The U.S. se...

soy-oilseeds

WASDE Soybeans

Soybeans: USDA’s March estimates for the U.S. 2024/25 season are unchanged this month. The season-average soybean price is projected at $9.95 per bushel, down 15 cents from last month. The price estimates for meal and oil prices are unchanged at $310 per short ton and 43 cents per pound...

wheat

WASDE Wheat

Wheat: USDA reduced U.S. wheat exports for the 2024/25 season by 15 million bushels and increased imports by 10 million bushels.  The result is that U.S. ending stocks are raised 25 million bushels to 819 million, up 18 percent from last year. Thus, the U.S. season-average farm price is re...

soy-oilseeds

WASDE Soybeans

Soybeans - USDA’s April 2025 estimates increase U.S. soybeans oil exports by 500 million pounds due to strong export commitments. U.S. soybean exports are unchanged and imports increased slightly – resulting in a 5 million bushel decrease in ending stocks to 375 million. The U.S. se...

soy-oilseeds

WASDE Soybeans

Soybeans: USDA’s March estimates for the U.S. 2024/25 season are unchanged this month. The season-average soybean price is projected at $9.95 per bushel, down 15 cents from last month. The price estimates for meal and oil prices are unchanged at $310 per short ton and 43 cents per pound...

wheat

WASDE Wheat

Wheat: USDA reduced U.S. wheat exports for the 2024/25 season by 15 million bushels and increased imports by 10 million bushels.  The result is that U.S. ending stocks are raised 25 million bushels to 819 million, up 18 percent from last year. Thus, the U.S. season-average farm price is re...

soy-oilseeds

WASDE Soybeans - Feb 2025

USDA made no change to U.S. ending stocks of soybeans for the 2024/25 season. The season-average soybean price is projected at $10.10 per bushel, down 10 cents from last month. Soybean meal and oil prices are unchanged at $310 per short ton and 43 cents per pound. The projection for global endi...

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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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