World Perspectives
feed-grains soy-oilseeds farm-inputs

Oilseed Highlights

Brazil's ABIOVE today raised its forecast for the country's 2016 soybean crop from 97.8 MMT to 98.6 MMT. That is less than the forecasts of USDA and the Brazilian government, which are projecting a harvest of 100 MMT or greater. However, it is far from certain that the crop will be as large as estimated. Pakistan Begins to Export Soymeal Pakistan has long been a significant importer from India. However, it has built its own soybean crush capacity because of rising domestic soymeal demand and the sharp decline in Indian soymeal exports. USDA is forecasting Pakistan will import 850,000 MT of soybeans in 2015/16, up from 350,000 MT in 2014/15 and only 11,000 MT in 2013/14. In addition, USDA is forecasting it will import 1 MMT of soymeal 2015...

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feed-grains soy-oilseeds wheat

Greenland Tweets Sink Macroeconomic Markets, CBOT and Ags Follow

The CBOT started off in risk-off mode Tuesday as rising U.S./EU tensions and odd dynamics in global macroeconomic markets (the rally in Japanese bond yields, in particular) unnerved investors.  The biggest driver of the risk-off trade was President Trump’s continued – and appar...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq is reported to be facing the “driest year in modern history” due to drought and greatly reduced water flow in the Tigris and Euphrates rivers through Turkey. Forecasters say the 2025/26 wheat crop could be down by...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2375/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.1025/bushel, down $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.53/bushel, down $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, up $1.6...

feed-grains soy-oilseeds wheat

Greenland Tweets Sink Macroeconomic Markets, CBOT and Ags Follow

The CBOT started off in risk-off mode Tuesday as rising U.S./EU tensions and odd dynamics in global macroeconomic markets (the rally in Japanese bond yields, in particular) unnerved investors.  The biggest driver of the risk-off trade was President Trump’s continued – and appar...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Iraq is reported to be facing the “driest year in modern history” due to drought and greatly reduced water flow in the Tigris and Euphrates rivers through Turkey. Forecasters say the 2025/26 wheat crop could be down by...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2375/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.1025/bushel, down $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.53/bushel, down $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $291.6/short ton, up $1.6...

Greenland: More Tariffs on 1 February

Greenland is heating up in the latest news, and not due to global warming, but rather rising security concerns. President Trump said of Greenland, the semi-autonomous territory of Denmark, that the North Atlantic Treaty Organization (NATO) has been telling Denmark for 20 years that “you h...

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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.

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