World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Market Overview Last week was another that featured weaker Brazilian basis pushing levels lower with each passing day. The Chinese are waiting for margins to rebound or an announcement of a trade deal with the U.S., which seems unlikely in the very near term. In fact, any such agreement should not substantially change Chinese margins since Brazil is already very close to U.S. levels for December-February and cheaper from March onward. Sellers are presently offering January Brazilian soybeans at 160H CNF China, while U.S. prices are around 130H. A potential trade agreement, however, would bring a rally in U.S. basis that would put that origin at parity with Brazil, although it would have no impact on March, April and May shipment...

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Oman will be hosting the USSEC 9th Regional Aquaculture Production Conference 2-5 May. Sustainable aquaculture production will be a major topic at the conference. Morocco’s Agriculture Ministry says that favorable rains in M...

livestock

Livestock Industry Margins

The pork industry saw production margins improve last week as strong pork demand lifted prices for both the pork cutout and physical hogs. Pork packer margins ticked slightly higher as gains in the pork market outpaced those in the hog market while higher lean hog futures and a slight dip in fe...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Hit New Records while Wheat Hits New Lows; Planting in Focus

The CBOT was mostly lower to start the week with expectations of favorable planting progress in this afternoon’s Crop Progress report creating much of the pressure. Wheat was the big loser for the day with favorable weather in the major growing regions prompting a strong wave of selling f...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Oman will be hosting the USSEC 9th Regional Aquaculture Production Conference 2-5 May. Sustainable aquaculture production will be a major topic at the conference. Morocco’s Agriculture Ministry says that favorable rains in M...

livestock

Livestock Industry Margins

The pork industry saw production margins improve last week as strong pork demand lifted prices for both the pork cutout and physical hogs. Pork packer margins ticked slightly higher as gains in the pork market outpaced those in the hog market while higher lean hog futures and a slight dip in fe...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Hit New Records while Wheat Hits New Lows; Planting in Focus

The CBOT was mostly lower to start the week with expectations of favorable planting progress in this afternoon’s Crop Progress report creating much of the pressure. Wheat was the big loser for the day with favorable weather in the major growing regions prompting a strong wave of selling f...

Quick Hits

Canadian Elections: Canada is going to the polls today. Earlier in the year, the Liberal Party was out of favor in Canada, but Trump’s talk of the 51st State has changed the dynamics of the election. Canada has six time zones, so the final results will be in late tonight.  SCP Safegu...

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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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