World Perspectives
feed-grains soy-oilseeds wheat

Indian Subcontinent Regional Analysis

In a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for several of the 2014/15 winter-sown crops including wheat, mustard, barley, chickpeas and masoor (red lentil), etc. MSP Raised for Key Crops In a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for several of the 2014/15 winter-sown crops including wheat, mustard, barley, chickpeas and masoor (red lentil), etc. The crops will be marketed in the 2015/16 season.The increases, based on the Commission of Agricultural Costs and Price (CACP) recommendations, are nominal as GOI wishes to keep a tab on inflation. However, the price boost is likely to...

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feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

The geopolitics of war in Iran are said to now be eclipsing any market focus on next week’s USDA March WASDE report. Volumes were modest in today’s trading, but the message was nonetheless clear – shipping grain and inputs is getting complicated.  Notably, the ratio of De...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.605/bushel, up $0.07 from yesterday's close.  May 26 Wheat closed at $6.1675/bushel, up $0.33 from yesterday's close.  May 26 Soybeans closed at $12.0075/bushel, up $0.215 from yesterday's close.  May 26 Soymeal closed at $317.2/short ton, up $7.9 from ye...

feed-grains soy-oilseeds wheat

Middle East Grain Trade Trends

Somewhat lost in the current discussion over the impacts of the conflict in Iran and the Persian Gulf is the impact on grain trade. The region is not usually at the top of grain market analysts’ thinking when it comes to major demand centers, yet it accounts for significant global grain c...

feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

The geopolitics of war in Iran are said to now be eclipsing any market focus on next week’s USDA March WASDE report. Volumes were modest in today’s trading, but the message was nonetheless clear – shipping grain and inputs is getting complicated.  Notably, the ratio of De...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.605/bushel, up $0.07 from yesterday's close.  May 26 Wheat closed at $6.1675/bushel, up $0.33 from yesterday's close.  May 26 Soybeans closed at $12.0075/bushel, up $0.215 from yesterday's close.  May 26 Soymeal closed at $317.2/short ton, up $7.9 from ye...

feed-grains soy-oilseeds wheat

Middle East Grain Trade Trends

Somewhat lost in the current discussion over the impacts of the conflict in Iran and the Persian Gulf is the impact on grain trade. The region is not usually at the top of grain market analysts’ thinking when it comes to major demand centers, yet it accounts for significant global grain c...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.535/bushel, up $0.0975 from yesterday's close.  May 26 Wheat closed at $5.8375/bushel, up $0.155 from yesterday's close.  May 26 Soybeans closed at $11.7925/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $309.3/short ton, down $0.6 f...

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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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