World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Covering Shorts

SPREADS Spreads leak lower in the aftermath of the report.  July/Nov bean inverse trades down to 1.59c from 1.66c, while May /July inverse trades down to 13 1/4c from 15 1/4c.  July/Dec meal inverse trades to $32.50 from $34.10.  July/Dec corn falls to 44 1/2c from 50 1/2c, while May/July trades from 11 1/4c down to 10 1/2c.  May wheat/corn trades from 1.12 1/2c down to 1.10c.  May crush trades up to 70c/bu while oilshare is firm at 39.10%. PALM OIL May closed up 60 ringgits, at 13-year highs.  The Malaysian Palm Oil Board forecast ending stocks in Feb at 1.3 mmt, down 1.8% from the prev. month, vs. expectations for higher inventories of 1.42 mmt.  The group estimated Feb. production of palm at 1.11 mmt...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23.8 MMT. Iran has imported about 4.7 MMT followed by Egypt at just over 4.0 MMT, Saudi Arabia with 1.1 MMT, Morocco at 900,000 MT and Algeria...

livestock

Livestock Industry Margins

Beef packer margins rallied sharply last week and posted their second week of gains to end essentially at breakeven levels. Margins rose $142/head and hit an estimated -$0.89 as fed cattle prices collapsed $7/cwt and beef values rose nearly $4/cwt. Packer margins should continue to improve with...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iran continues to be the largest importer of Brazil maize as total maize exports reach 23.8 MMT. Iran has imported about 4.7 MMT followed by Egypt at just over 4.0 MMT, Saudi Arabia with 1.1 MMT, Morocco at 900,000 MT and Algeria...

livestock

Livestock Industry Margins

Beef packer margins rallied sharply last week and posted their second week of gains to end essentially at breakeven levels. Margins rose $142/head and hit an estimated -$0.89 as fed cattle prices collapsed $7/cwt and beef values rose nearly $4/cwt. Packer margins should continue to improve with...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

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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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