World Perspectives
feed-grains soy-oilseeds

Mercosur Regional Analysis

Argentina Economic/Policy Update  Argentine President Javier Milei, in a public speech this week, presented the 2025 budget that will be sent to Congress for approval. Farmers had high expectations for potential announcements that might improve their business or provide visibility concerning the future of export taxes, including the differential exchange rate, or the gap between the export dollar and the free dollar. However, the president did not address these issues. Instead, the budget proposal suggests that export tax revenue from agricultural products will double. This indicates no expected reduction in export taxes in the medium term, and it also anticipates a significant increase in exports, both in volume and value. Regarding...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

16 October was World Bread Day, just in case you missed it. The European Commodity Exchange held in Berlin Germany last week was well attended with over 4,000 people registered. There were many attendees from Turkey, Egypt, and across North Africa, fewer from Africa and the Middle East but stil...

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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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