World Perspectives
farm-inputs

Green Food Crisis; Geopolitical Collusion

Green Food Crisis Regardless of the war in Ukraine and a global food price shock, the EU is moving forward with its plan to cut by half the use of “risky” pesticides by 2030. The goal is to replace them with “safe and sustainable alternatives.” For some, it looks like adding a food crisis to go along with the current energy crisis in Europe.  The plan expects member states to pick their own targets for reduction, rather than a one size fits all approach. However, current pesticide usage is highly disparate with the Netherlands using four times as much pesticide per hectare as Poland, and Ireland utilizing nearly twice the amount as Austria. The plan says bigger users will be expected to do more, but those appl...

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FOB Prices and Freight Rates App (Updated 22 January)

Ocean Freight Comments - 17 January 2025By Matt HerringtonIn the past month since WPI last provided our freight market commentary, dry bulk ocean freight rates have not done much at all. The holiday doldrums left markets to drift sideways/lower with slack cargo demand and little other excitemen...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News Last week, the Balkans and Ukraine saw unseasonably warm weather with moderate rainfall while Russia saw cold weather with light precipitation. The current forecasts call for cooler temperatures in France and Spain, but warmth in the UK and from Poland eastward (with the exce...

soy-oilseeds

WASDE Soybeans Jan 2025

USDA’s January estimate is for U.S. soybean production is down 95 million bushels to 4.366 billion bushels due to a 1 bushel per acre yield reduction – to average U.S. soybean yield of 50.7 bushels per acre. The U.S. season-average soybean price for 2024/25 is projected at $10.20 per bushel, un...

FOB Prices and Freight Rates App (Updated 22 January)

Ocean Freight Comments - 17 January 2025By Matt HerringtonIn the past month since WPI last provided our freight market commentary, dry bulk ocean freight rates have not done much at all. The holiday doldrums left markets to drift sideways/lower with slack cargo demand and little other excitemen...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News Last week, the Balkans and Ukraine saw unseasonably warm weather with moderate rainfall while Russia saw cold weather with light precipitation. The current forecasts call for cooler temperatures in France and Spain, but warmth in the UK and from Poland eastward (with the exce...

soy-oilseeds

WASDE Soybeans Jan 2025

USDA’s January estimate is for U.S. soybean production is down 95 million bushels to 4.366 billion bushels due to a 1 bushel per acre yield reduction – to average U.S. soybean yield of 50.7 bushels per acre. The U.S. season-average soybean price for 2024/25 is projected at $10.20 per bushel, un...

feed-grains

WASDE Corn Jan 2025

USDA’s January estimate is for reduced U.S. corn production at 14.9 billion bushels, down 276 million as a 3.8-bushel per acre cut in yield to 179.3. U.S. exports are cut 25 million bushels to 2.450 billion reflecting lower supplies. USDA notes that supply is falling more than use and the resul...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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