World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Wheat is going through a challenging time in Argentina. The decline in prices, both in the local and export markets, has been constant over the last few months and has pushed values to levels that are very difficult for producers to absorb. Currently, in the local market, transactions are taking place at levels of $195-198/MT, equivalent to $230/MT FOB.  Meanwhile, with a stable official exchange rate, 25 percent inflation for December, and estimated inflation of 20 percent for January and February, costs measured in dollars are increasing significantly. This includes the prices of inputs, fuel, harvesting, freight, etc. Consequently, farmers are suffering a drop in prices of around $30/MT over a short period, while their costs...

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feed-grains soy-oilseeds wheat

Daily Estimate of Managed Money Positioning in Ag Futures

Amid the ongoing U.S. government shutdown, WPI presents the following estimates of managed money traders’ positioning in key agricultural futures markets. WPI’s estimates are based on econometric and signal processing methods that use futures price, volume, and open interest informa...

feed-grains soy-oilseeds wheat

Market Commentary: Some Weekend Pullbacks but Nothing Scary

It was a pause and reflect day for some contracts, and more getting beat down for the cattle market. The latter invoking more limit-down safeguards. There were slight gains for soymeal, HRW and hogs, with the rest of the complex showing red. There was good volume for a Friday in corn, soybeans,...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2325/bushel, down $0.0475 from yesterday's close.  Dec 25 Wheat closed at $5.125/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.4175/bushel, down $0.03 from yesterday's close.  Dec 25 Soymeal closed at $294.1/short ton, up $1.8...

feed-grains soy-oilseeds wheat

Daily Estimate of Managed Money Positioning in Ag Futures

Amid the ongoing U.S. government shutdown, WPI presents the following estimates of managed money traders’ positioning in key agricultural futures markets. WPI’s estimates are based on econometric and signal processing methods that use futures price, volume, and open interest informa...

feed-grains soy-oilseeds wheat

Market Commentary: Some Weekend Pullbacks but Nothing Scary

It was a pause and reflect day for some contracts, and more getting beat down for the cattle market. The latter invoking more limit-down safeguards. There were slight gains for soymeal, HRW and hogs, with the rest of the complex showing red. There was good volume for a Friday in corn, soybeans,...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2325/bushel, down $0.0475 from yesterday's close.  Dec 25 Wheat closed at $5.125/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.4175/bushel, down $0.03 from yesterday's close.  Dec 25 Soymeal closed at $294.1/short ton, up $1.8...

WPI Grain Transportation Report

Dry bulk markets were mixed and relatively quiet this week. The Capesize sector traded steady on flagging spot demand despite an increase in Chinese iron ore demand and rising Dalian steel futures. The Panamax sector was the upside leader for the week, primarily due to Pacific demand. Freight m...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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