World Perspectives

Contrasting Corn Policies; Bye, Bye Blair; Soymeal to Follow Chicken Legs; Ethnic Food Disparagement

Contrasting Corn Policies Both Mexico and Kenya have a problem with food security and the adverse impacts of inflation, but Nairobi and Mexico City have arrived at very different policies for addressing the problem. Kenya has adopted open cultivation and imports of GMO white corn. By contrast, Mexico has announced a ban on imports of GMO corn, and now has added an export ban on white corn, plus 23 other food products. Moreover, food suppliers will be sanctioned if they raise prices. Kenya has increased the potential supply, which will have a price depressing effect. Mexico has restricted supply via border measures and by limiting any price incentive for further supplying the market.  Bye, Bye Blair Germany submitted to Brussels its...

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Market Commentary: Funds Remain Bearish Ag Space Despite U.S.-China Trade Talks

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: Funds Remain Bearish Ag Space Despite U.S.-China Trade Talks

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Jul 25 Corn closed at $4.4925/bushel, down $0.0625 from yesterday's close.  Jul 25 Wheat closed at $5.3425/bushel, down $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.3925/bushel, down $0.02 from yesterday's close.  Jul 25 Soymeal closed at $295/short ton, up $2 f...

FOB Prices and Freight Rates App (Updated 7 May)

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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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