World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Soyoil's Turn to Dip

GOOD MORNING, Prices found early strength at the open on a follow-through comeback for July corn which closed unchanged after opening sharply lower yesterday.  However, currently deeper losses in soyoil futures are weighing on beans as traders continue to unwind previous buy soyoil/sell meal trade.  Soyoil futures were lower on the Argentine chatter that they will increase soyoil exports for biofuel, and lower demand from India which continues to contend with covid.   Kansas City wheat futures are under pressure as more reports of good yields surface from the Kansas City Wheat Quality Tour.  Crop scouts found that projected HRW wheat in the southwestern portion of the state at 56.7 bpa vs. 47.6 bpa in 2019. ...

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soy-oilseeds

Thailand Soy Tariffs Update

Thailand’s market is now officially reopened to soybean and soymeal imports as the government has resolved a lapse in tariff policy that caused import duties to default to prohibitively high levels earlier this month. On 27 January, the Thai Cabinet approved the continuation of its market...

Middle Power Potential; EU Mimics China

Middle Power Potential The provocation from President Trump is that the U.S. will no longer self-sacrifice to the needs of Europe and other beneficiaries. Once the shock of this watershed wears off, it should be seen as an opportunity by the middle powers to coalesce on their own. The early eff...

FOB Prices and Freight Rates App (Updated 28 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

soy-oilseeds

Thailand Soy Tariffs Update

Thailand’s market is now officially reopened to soybean and soymeal imports as the government has resolved a lapse in tariff policy that caused import duties to default to prohibitively high levels earlier this month. On 27 January, the Thai Cabinet approved the continuation of its market...

Middle Power Potential; EU Mimics China

Middle Power Potential The provocation from President Trump is that the U.S. will no longer self-sacrifice to the needs of Europe and other beneficiaries. Once the shock of this watershed wears off, it should be seen as an opportunity by the middle powers to coalesce on their own. The early eff...

FOB Prices and Freight Rates App (Updated 28 January)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

livestock

Livestock Industry Margins

Beef packer margins remained deeply negative, with estimated net losses at -$185/head, little changed from the prior week. Rising boxed beef values continued to lag gains in fed cattle prices, keeping gross margins compressed despite incremental support from carcass weights and drop values. Rel...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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