World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Argentina Last week Argentina posted a few offers in the local market, although volume was small with the labor strike on Tuesday and Labor Day holiday on Wednesday. Farmers are willing sellers at higher prices. Harvest progress reached 59.3 percent last week, per the Buenos Aires Grain Exchange, and yields remain very good. Production is still estimated at 56 MMT, but some analysts suggest it could reach 60 MMT. FOB replacement is firm in basis terms, compensating for the CBOT’s recent drop. Trading houses now have negative elevation margins against the FOB market with replacement rising from -20N to 0N in just one week. May shipments were offered at -27N FOB last week (minimum 32.5 percent protein), but those levels hi...

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feed-grains soy-oilseeds wheat

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

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livestock

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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

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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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