World Perspectives

House-Senate Ag Leader Talks on Farm Bill This Week; SNAP Will be an Issue

Both the House and Senate Agriculture Committees have released broad outlines that will underpin the two panels’ drafts of the farm bill. Reports from Capitol Hill are that the two committee chairs, Senator Debbie Stabenow (D-Michigan) and Representative Glenn Thompson (R-Pennsylvania) will be meeting this week for further discussions. Committee deliberations are expected to start in the House in two weeks, with more detail on the actual draft to be rolled out prior to that.   The key elements of the House draft are increased funding for PLC and ARC and the ability to increase base acres. That is proposed to come from the Commodity Credit Corporation’s (CCC) borrowing authority. There is a portion of CCC money that do...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.7875/bushel, up $0.0425 from yesterday's close. Mar 25 Wheat closed at $5.47/bushel, up $0.0075 from yesterday's close. Mar 25 Soybeans closed at $10.4275/bushel, down $0.0475 from yesterday's close. Mar 25 Soymeal closed at $302/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Try to Establish Trading Ranges; Livestock Still Biased Upward

The CBOT was mixed at mid-week and mostly continued its consolidation after the recent WASDE-derived surprises. Corn futures pushed higher with stronger spread trade and players still watching the dryness in Argentina and slowly growing potential for a late start to the Brazilian safrinha plant...

wheat

Squeezing Russian Wheat; Save the Rats; Rollins Delayed

Squeezing Russia with WheatEurope is afraid that Donald Trump is ready to capitulate to Vladimir Putin next week when he becomes president. But Trump has appointed a fair number of geopolitical hawks to his team. He may see the war as senseless, but he doesn’t want to be perceived as a loser. R...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.7875/bushel, up $0.0425 from yesterday's close. Mar 25 Wheat closed at $5.47/bushel, up $0.0075 from yesterday's close. Mar 25 Soybeans closed at $10.4275/bushel, down $0.0475 from yesterday's close. Mar 25 Soymeal closed at $302/short ton, down $3.8 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Try to Establish Trading Ranges; Livestock Still Biased Upward

The CBOT was mixed at mid-week and mostly continued its consolidation after the recent WASDE-derived surprises. Corn futures pushed higher with stronger spread trade and players still watching the dryness in Argentina and slowly growing potential for a late start to the Brazilian safrinha plant...

wheat

Squeezing Russian Wheat; Save the Rats; Rollins Delayed

Squeezing Russia with WheatEurope is afraid that Donald Trump is ready to capitulate to Vladimir Putin next week when he becomes president. But Trump has appointed a fair number of geopolitical hawks to his team. He may see the war as senseless, but he doesn’t want to be perceived as a loser. R...

FOB Prices and Freight Rates App (Updated 15 January)

Ocean Freight Comments - 20 December 2024By Matt HerringtonFreight markets – particularly the dry bulk sector - continue to see thin trade that is leaving rates in the doldrums. Demand and fresh inquiries remain light with vessel overcapacity further depressing rates. Vessel owners are continua...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up