World Perspectives
feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Last Thursday Egypt reopened the five ports that had been closed the previous Sunday because of weather conditions. Meanwhile, Egypt has closed several poultry farms due to their failure to provide samples for analysis in the effort to control avian flu. The virus is a serious problem there every year, and the government monitors that type of farm very closely. Iran’s soymeal imports from India could increase from 23,000 MT to 450,000 MT in 2019 as it is using the Indian rupee income from crude oil sales to cover the costs. This seems to be a very good way to use up the rupee supply that results from such sales while also avoiding banking sanctions and payment complications. Indi...

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feed-grains soy-oilseeds wheat

Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

soy-oilseeds

The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

feed-grains soy-oilseeds wheat

Market Commentary: Invigorating Week and Now a Candy High

Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...

soy-oilseeds

The Outlook for U.S., South American, and Chinese Soy Crush Margins

CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...

livestock

Winner, Winner Chicken Dinner

Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...

WPI Grain Transportation Report

Dry bulk markets were quiet and mostly flat last week. Spot rates softened a little bit as vessel owners threw in the towel on waiting for improved demand. Most hopes for any recovery in rates now rests on the new U.S.-China trade deal.  After the positive meeting between Presidents Xi and...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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