World Perspectives

Trade Spat Between China and EU

When President Biden announced higher Section 232 tariffs on a list of Chinese goods (see WPI 14 May) anxieties were raised over possible retaliation (see WPI 10 June). Right now, the EU is on the leading edge of the tariff tit-for-tat. Yesterday, China announced its Ministry of Commerce would begin an anti-dumping (AD) investigation into pork from the EU. The period of investigation is 2023. This comes after the EU placed countervailing duties on Chinese cars of 38 percent.  The outbreak and recovery of ASF in China, along with the impact on pork demand from COVID and post-COVID’s slow recovery has made the market a bit of a roller coaster. In 2022, imports of pork and pork offal fell by 42.8 percent as China rebuilt its hog...

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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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