World Perspectives
farm-inputs

Technical Views - Retrace Lower

SPREADS Dec crush trades to 88c/bu while oilshare trades at 45.0%.  Dec/March corn trades out to 8c from 7c, while Dec 21/22 trades from 23 1/2c carry to 20 3/4c.  Dec/March wheat carry trades from 10 1/2c to 11c.  Dec wheat/corn trades from 1.86 1/4c to 1.83c.  Nov/Jan bean trades out to 9c carry from 8 3/4c, while Nov 21/22 trades from 32 3/4c to 29 1/4c.   PALM OIL Nov. closed down 94 ringgits/mt at 4,167 ringgit/mt.  Malaysian Palm Oil Board announced it would keep its Oct. export tax steady at 8.0%, with a reference was of 4,472.46 ringgit/mt. NEWS Stocks are down 689 pts with crude oil trading lower to $69.96/barel.  The US dollar trades up to 93.45.   CALLS Calls are as follows...

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FOB Prices and Freight Rates App (Updated 16 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume with Profit-taking on Good Weather

After moving higher the past few days and weather improving in both North and South America, there was low volume profit-taking in grains and soybeans. By contrast, livestock products continued the rebound that began in earnest late last week.  While agriculture has been highlighted as a m...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2...

FOB Prices and Freight Rates App (Updated 16 April)

Transportation and Freight Market Comments - 11 April 2025 By Matt Herrington Dry-Bulk Ocean Freight The trade war(s) and the possible Section 301 penalties against Chinese vessels docking at U.S. ports have kept freight markets exceptionally volatile in recent weeks. This week’s trend wa...

feed-grains soy-oilseeds wheat

Market Commentary: Low Volume with Profit-taking on Good Weather

After moving higher the past few days and weather improving in both North and South America, there was low volume profit-taking in grains and soybeans. By contrast, livestock products continued the rebound that began in earnest late last week.  While agriculture has been highlighted as a m...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2...

livestock

Heifers on Feed Drop Below Replacement Heifers

One of the metrics we’ve been watching as a sign of herd rebuilding is the number of heifers as a percent of on feed inventory. However, we’re in new territory. For the first time since heifer on feed reporting began in 1996, the inventory of replacement heifers has fallen below Hei...

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From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

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