World Perspectives
soy-oilseeds

Oilseed Highlights: U.S. Soy Export Sales; China’s U.S. Soybean Purchases; Paraguay’s Soy Crop

U.S. Soy Export Sales Highlights Export sales for the week ending 28 March were significantly higher for U.S. soybeans, and they were also up for soymeal and soyoil. However, it will take several similar weeks for U.S. soy exports to reach USDA’s forecasts for 2018/19. Net soybean export sales for 2018/19 shipment totaled 1,971,700 MT, the highest ever for the last week of March. Sales to China totaled 1,700,100 MT or 58,100 MT more than the two large sales separately reported by USDA on 29 March and 1 April. The other top sales were to Indonesia (91,500 MT), unknown destinations (65,200 MT), South Korea (59,600 MT) and Taiwan (30,600 MT). They were partially offset by reductions for Argentina (-40,000 MT), Egypt (-1,800 MT) and Pak...

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feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

Barriers are Good The issue de jour is tariffs. Donald Trump is vilified by conventionalists for the self-induced wound of raising this single barrier to business. As a businessman, Trump sees a complex web of market barriers. Domestic regulations, domestic taxes, but also foreign tariffs (taxe...

feed-grains soy-oilseeds wheat

Market Commentary: Ags Sink on Risk-Off Day Despite Weaker Dollar

The CBOT was higher overnight as the U.S. dollar fell to a three-year low, but the day session saw the major ag market slip lower and end in the red with pressure from macroeconomic markets increasing. In addition to sparking trade wars with nearly every major U.S. trading partner, U.S. Preside...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8175/bushel, down $0.005 from yesterday's close.  May 25 Wheat closed at $5.385/bushel, down $0.1025 from yesterday's close.  May 25 Soybeans closed at $10.295/bushel, down $0.07 from yesterday's close.  May 25 Soymeal closed at $292.9/short ton, down $2...

Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

Barriers are Good The issue de jour is tariffs. Donald Trump is vilified by conventionalists for the self-induced wound of raising this single barrier to business. As a businessman, Trump sees a complex web of market barriers. Domestic regulations, domestic taxes, but also foreign tariffs (taxe...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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