World Perspectives

Phase II Deal; EU Strategy; Mimicking EU

Phase II Deal U.S. Treasury Secretary Scott Bessent suggested that a phase-one deal may be a model for trade talks with China. It may be the only model that would help U.S. farmers. Brazil still has a price edge on soybeans, and even a 10 percent tariff is enough to price out U.S. commodities. Meanwhile, Beijing will be reluctant to reward Washington with voluntary purchases given the ill-will that has been created. By contrast, American importers will be rushing to buy Chinese goods ahead of any restart of the previous high tariffs. The result of the truce will be an even worse U.S. trade deficit. EU Strategy A transatlantic trade negotiation is coming, and Europe is getting ready. Officials in Brussels are expressing confidence that they...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.04/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, up $0.07 from yesterday's close.  Nov 25 Soybeans closed at $10.36/bushel, up $0.0225 from yesterday's close.  Dec 25 Soymeal closed at $297.2/short ton, up $1.3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies, but is it a Correction or a Trend Reversal?

The CBOT turned higher at mid-week with wheat leading the way and corn and soybeans following on somewhat minor news items. Wheat saw a strong rally develop that created bullish key reversals on the charts after rumors of Asian export demand – fueled by the U.S. Gulf’s discount to R...

Rearranged Trade Impacts

U.S. tariffs are reordering world trade and may further impact the nation’s agricultural exports. While soybean exports to China are stalled as that nation redirects all of its purchases to South America, that has been a political position that ignores the lower cost of U.S. soybeans. How...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.04/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.2825/bushel, up $0.07 from yesterday's close.  Nov 25 Soybeans closed at $10.36/bushel, up $0.0225 from yesterday's close.  Dec 25 Soymeal closed at $297.2/short ton, up $1.3 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Rallies, but is it a Correction or a Trend Reversal?

The CBOT turned higher at mid-week with wheat leading the way and corn and soybeans following on somewhat minor news items. Wheat saw a strong rally develop that created bullish key reversals on the charts after rumors of Asian export demand – fueled by the U.S. Gulf’s discount to R...

Rearranged Trade Impacts

U.S. tariffs are reordering world trade and may further impact the nation’s agricultural exports. While soybean exports to China are stalled as that nation redirects all of its purchases to South America, that has been a political position that ignores the lower cost of U.S. soybeans. How...

FOB Prices and Freight Rates App (Updated 20 August)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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