World Perspectives
feed-grains soy-oilseeds wheat

Indian Subcontinent Regional Analysis

How Much Sugar and Ethanol Will India Produce in Sugar Year 2018/19? It was widely speculated about four months ago that India would produce a huge volume of sugar at 35.5 MMT, adding to its problems of plenty. Following new reports of water scarcity and drought conditions in Maharashtra (as well as untimely rains Uttar Pradesh), grub infestations are now also being reported in areas there (the districts of Ahmednagar, Solapur and Marathwada and to a lesser extent in Kolhapur, Sangli, Satara and Pune). Because of these problems, sugarcane production in that state alone could be down 15 percent. Meanwhile, the Indian Sugar Mills Association (ISMA) has reduced its forecast of India’s overall 2018/19 sugar production by 11.36 percent to...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONTurkey has revised its wheat import rules for flour millers – millers can now import up to 25 percent of their wheat supply, up from 15 percent. The remaining 75 percent must be purchased from TMO, the government’s grain company. The cha...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Firm, Soybeans Pull Back Heading into Holidays

The CBOT was mostly higher to start the holiday-shortened trading week with wheat leading the way on short-covering and despite the surging U.S. dollar. Corn followed the wheat market higher with its own support from the strong export program as USDA reported more “flash” export sales Monday. S...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4775/bushel, up $0.015 from yesterday's close. Mar 25 Wheat closed at $5.405/bushel, up $0.075 from yesterday's close. Jan 25 Soybeans closed at $9.695/bushel, down $0.05 from yesterday's close. Mar 25 Soymeal closed at $298/short ton, down $4.2 from yest...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONTurkey has revised its wheat import rules for flour millers – millers can now import up to 25 percent of their wheat supply, up from 15 percent. The remaining 75 percent must be purchased from TMO, the government’s grain company. The cha...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Firm, Soybeans Pull Back Heading into Holidays

The CBOT was mostly higher to start the holiday-shortened trading week with wheat leading the way on short-covering and despite the surging U.S. dollar. Corn followed the wheat market higher with its own support from the strong export program as USDA reported more “flash” export sales Monday. S...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.4775/bushel, up $0.015 from yesterday's close. Mar 25 Wheat closed at $5.405/bushel, up $0.075 from yesterday's close. Jan 25 Soybeans closed at $9.695/bushel, down $0.05 from yesterday's close. Mar 25 Soymeal closed at $298/short ton, down $4.2 from yest...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WheatOver the past seven days, the lack of rain allowed a 12.2-percentage-point increase in Argentina’s wheat harvest progress, which reached 76.1 percent of the area. Harvesting activities have focused on central and western Buenos Aires Province. Meanwhile, wheat commercialization and truck a...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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