World Perspectives
feed-grains soy-oilseeds

Mercosur Regional Analysis

Soybeans Brazil  The Brazilian market was almost entirely dead last week with Chinese buyers sidelined and not bidding on any position. Their absence has persisted for two weeks now, concerning several exporters. The situation is compounded by a lack of farmer selling (due to the strong Brazilian real). Consequently, the market remains at a standstill. The problem is that exporters need to move their logistics, and WPI believes they hold a 2-MMT long position in old crop soybeans. That is mostly for nearby deliveries and one of the reasons why the nearby market is receiving pressure. Last week the main activity was rolling positions forward. Several trading houses had to roll from July to August and pay 9 cents for 20 days, while rol...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle are Hot Again, Grain Not so Much

Despite assurances from Treasury Secretary Scott Bessent and the announcement this morning of nearly a half million tons of new soybean sales to China, the trade just doesn’t see the plausibility of a full 12 MMT of beans being bought near-term by Beijing. Particularly not when commitment...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4475/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.3575/bushel, down $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.0525/bushel, down $0.1425 from yesterday's close.  Jan 26 Soymeal closed at $307.4/short ton, down...

feed-grains soy-oilseeds wheat

2026 Acreage Outlook: Expected Crop Shifts Diminishing

WPI’s second fall acreage forecasts for the 2026 U.S. crop year show producers executing a mild expansion of soybean acres that will not quite offset corn area losses while simultaneously reducing wheat area. Producers are also expected to keep minor crop acreage essentially unchanged, wh...

USMCA Review Underway

U.S. trade officials have started the formal review process for the U.S.-Mexico-Canada Agreement (USMCA), inviting public comment ahead of next year's renegotiation of the pact. Under the process, the Office of the U.S. Trade Representative (USTR) will eventually be required to provide reports...

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