World Perspectives
soy-oilseeds

Oilseed Highlights – WASDE Strengthens the Floor

The Market Today’s USDA August WASDE was bullish because it showed fewer soybeans, and the market reacted by shaving almost 1 percent off the November futures contract and making it an almost 2 percent reduction in soybean prices for the week. But after brutal weather in July, it was an expected story.  Predicting what numbers USDA would put into its August WASDE was deemed a challenge, and it was. Few in the trade expected a yield increase and, based on the experience of the past several years, there was a good chance that expectations for yield and output would be below the USDA number. Reuter’s analyst Karen Braun did her own survey of readers and found more expecting a number that would be to the higher side of estima...

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Thanksgiving Holiday

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 27 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 28 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Market Commentary: Broadly Bullish

The CBOT was higher heading into the U.S. Thanksgiving holiday with investors across the board seeming to find optimism amid a relatively quiet news day. For the ag markets, news that China continues to book U.S. soybeans – securing as many as 10 cargoes on Tuesday – is supportive,...

Banty Rooster; Affordability Writ Large

Banty Rooster The EU is largely being ignored in the negotiations with Russia and Ukraine over a peace deal but that didn’t stop High Representative for Foreign Affairs and Security Policy Kaja Kallas from asserting her viewpoint. She proclaimed that Russia should “curb” the s...

Thanksgiving Holiday

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 27 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 28 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Market Commentary: Broadly Bullish

The CBOT was higher heading into the U.S. Thanksgiving holiday with investors across the board seeming to find optimism amid a relatively quiet news day. For the ag markets, news that China continues to book U.S. soybeans – securing as many as 10 cargoes on Tuesday – is supportive,...

Banty Rooster; Affordability Writ Large

Banty Rooster The EU is largely being ignored in the negotiations with Russia and Ukraine over a peace deal but that didn’t stop High Representative for Foreign Affairs and Security Policy Kaja Kallas from asserting her viewpoint. She proclaimed that Russia should “curb” the s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4525/bushel, up $0.07 from yesterday's close.  Mar 26 Wheat closed at $5.405/bushel, up $0.0125 from yesterday's close.  Jan 26 Soybeans closed at $11.315/bushel, up $0.0675 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $0 from ye...

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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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