World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Concern is rising for the Argentina wheat market after Brazil, the primary buyer of Argentine wheat, announced a tariff-free import quota of 750,000 MT of wheat from non-MERCOSUR origins. At the same time, the RECP free trade agreement might give Australia an advantage selling wheat to destinations in Southeast Asia, such as Indonesia, Malaysia, and Vietnam.  Indonesia is an import market for Argentine wheat exporters. They started buying in 2016 and have increased purchase volumes every year since, rising to 2.5 MMT in 2020 (about 22 percent of Argentina’s total wheat exports). They became the second largest buyer of Argentine wheat, second only to Brazil. Its an interesting destination for Argentine exporters because th...

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feed-grains soy-oilseeds wheat

Market Commentary: The Soybean Breakdown

The country song Oklahoma Breakdown (originally written by Mike Hosty, subsequently popularized by red dirt country artist Stony LaRue, then eventually covered by Toby Keith who, in this analyst’s opinion, ruined it) contains the line “That Oklahoma Breakdown sure do got you cryin’” – a stateme...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.3725/bushel, down $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.4125/bushel, down $0.0375 from yesterday's close. Jan 25 Soybeans closed at $9.5175/bushel, down $0.25 from yesterday's close. Jan 25 Soymeal closed at $279.5/short ton, down $7.7...

Sino-Ag Developments

EconomyLeaders gather this month for the annual Central Economic Work Conference with the view of another sub-par year ahead and the need for bold action to turn the economy around. Recent measures have included lowering the cash reserve requirements at banks so that more money is available for...

feed-grains soy-oilseeds wheat

Market Commentary: The Soybean Breakdown

The country song Oklahoma Breakdown (originally written by Mike Hosty, subsequently popularized by red dirt country artist Stony LaRue, then eventually covered by Toby Keith who, in this analyst’s opinion, ruined it) contains the line “That Oklahoma Breakdown sure do got you cryin’” – a stateme...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.3725/bushel, down $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.4125/bushel, down $0.0375 from yesterday's close. Jan 25 Soybeans closed at $9.5175/bushel, down $0.25 from yesterday's close. Jan 25 Soymeal closed at $279.5/short ton, down $7.7...

Sino-Ag Developments

EconomyLeaders gather this month for the annual Central Economic Work Conference with the view of another sub-par year ahead and the need for bold action to turn the economy around. Recent measures have included lowering the cash reserve requirements at banks so that more money is available for...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 9 – 13 December 2024Russian grain markets remained relatively stable but, in some areas, especially export platform, prices were bearish. Part of the reason behind a bearish trend is the potential decrease of stocks. As of early December, stocks of agricultural companies...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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