World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Weather Argentina saw continued rainfall throughout last week and so far during October, nearly all of the country’s agricultural regions experienced at least some precipitation. In areas like the Nucleus Region, totals have even exceeded historical averages for October. This rainfall has generally restored soil moisture levels across the country, with only the south and southeast of Buenos Aires Province still facing topsoil moisture shortages.Argentina has endured three consecutive years of intense drought, and this level of moisture in soil profiles has not been seen for some time. While the rains came too late to help wheat, they prevented the catastrophic scenario that had seemed imminent without October's precipitation. Crop cond...

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feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

FOB Prices and Freight Rates App (Updated 4 February)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  Large supplies and strong exports of wheat from the Black Sea and Russia continue to cap upside potential for wheat. U.S. and EU markets rallied last week until late in the week, when they hit a combination of technical pressure and increased competition from the Black Sea.&...

FOB Prices and Freight Rates App (Updated 4 February)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Market Commentary: Soyoil Rallies on Stocks, Tax Credits; Livestock Futures Gain on Cash Trade

Soyoil was the upside leader in the CBOT’s Tuesday trade after the USDA’s December soyoil stocks figure came in well below expectations. Additionally, the U.S. Treasury Department announced its proposal on the 45Z Clean Fuel tax credits, which were broadly friendly for ag interests...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.285/bushel, up $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, up $0.01 from yesterday's close.  Mar 26 Soybeans closed at $10.6575/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $291.9/short ton, down $2.6 fro...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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