World Perspectives
soy-oilseeds softs

Indian Subcontinent Regional Analysis

Increased Sugarcane Prices a Double Blow for the Sugar Industry As this is an election year, the government must please farmers, the backbone of the Indian economy. As it promised in the election manifesto and again in the budget speech to guarantee them at least a 50 percent profit above the cost of production, the government of India (GOI) increased the Fair and Remunerative Price (FRP) for sugarcane by Rs.200 ($2.89)/MT to Rs.2,750 ($39.85)/MT, an increase of 7.84 percent. Also, the price is set at 77.41 percent above sugarcane’s cost of production and is applicable when the sugar recovery is 10 percent.( Farmers receive a lower price if the recovery is less and a higher price if it is above 10 percent.) Until last year, the FRP w...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Take a Breather, Livestock Futures Rally on Meat Demand

The CBOT was mostly in the red on Monday, though the weaker trade was primarily from bulls taking a breather after last week’s dramatic rally. After the recent surge in corn, the soy complex, and to a lesser extent wheat futures, the markets were overextended and due for a down day. That...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.85/bushel, down $0.0525 from yesterday's close.  May 25 Wheat closed at $5.475/bushel, down $0.0825 from yesterday's close.  May 25 Soybeans closed at $10.4175/bushel, down $0.01 from yesterday's close.  May 25 Soymeal closed at $297.1/short ton, down $2...

Extreme is Necessary

While most economists and mainstream media outlets are criticizing the Trump tariff war, none are professing that free trade is fair. To quote Bloomberg’s Tyler Cowen, the world trading order is “weighted against the exporting interests of the U.S.” Moreover, it is growing wor...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Take a Breather, Livestock Futures Rally on Meat Demand

The CBOT was mostly in the red on Monday, though the weaker trade was primarily from bulls taking a breather after last week’s dramatic rally. After the recent surge in corn, the soy complex, and to a lesser extent wheat futures, the markets were overextended and due for a down day. That...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.85/bushel, down $0.0525 from yesterday's close.  May 25 Wheat closed at $5.475/bushel, down $0.0825 from yesterday's close.  May 25 Soybeans closed at $10.4175/bushel, down $0.01 from yesterday's close.  May 25 Soymeal closed at $297.1/short ton, down $2...

Extreme is Necessary

While most economists and mainstream media outlets are criticizing the Trump tariff war, none are professing that free trade is fair. To quote Bloomberg’s Tyler Cowen, the world trading order is “weighted against the exporting interests of the U.S.” Moreover, it is growing wor...

EU and China on EV Tariffs

Yesterday, European Commissioner for Trade and Economic Security, Maros Sefcovic, came to Washington for meetings with U.S. officials. The trip follows comments from Ursula von der Lyden. The European Commission issued an official statement:  "In response to the widespread disruption cause...

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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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