World Perspectives
wheat

Rarely Due to War

Syria’s wheat production collapsed this year, but it was not due to the nearly decade-long civil war. The FAO cites three causes: 1) drought; 2) high input costs; and 3) economic crisis. Indeed, despite massive destruction and poverty due to the war, Syria 2019 wheat crop was the largest since 2003.  Looking at other countries that have undergone civil and economic strife and war, including Argentina, Egypt, Iraq and Ukraine, grain output has barely been impacted. This is because most of the adversity happens in urban areas. There may be harsh outcomes in terms of who controls and distributes the harvest, but neither side of a conflict wants to stop food production.  ...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Grains, Oil Fall on Risk-off Trade after Middle East Ceasefire

The biggest drive of the CBOT’s Tuesday trade had little to do with grain markets themselves and, rather, was primarily focused on risk and positioning dynamics following the apparent Israel-Iran ceasefire agreement. While both sides have apparently agreed to some sort of ceasefire deal,...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.1625/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.52/bushel, down $0.175 from yesterday's close.  Jul 25 Soybeans closed at $10.4675/bushel, down $0.12 from yesterday's close.  Jul 25 Soymeal closed at $280.5/short ton, down $1.9...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Jordan’s wheat reserves are reportedly at 10 month consumption with barley supply at 8 months consumption. Jordan is increasing its grain storage capacity to a level that will allow as much as 16 months of wheat supply. Egyp...

feed-grains soy-oilseeds wheat

Market Commentary: Grains, Oil Fall on Risk-off Trade after Middle East Ceasefire

The biggest drive of the CBOT’s Tuesday trade had little to do with grain markets themselves and, rather, was primarily focused on risk and positioning dynamics following the apparent Israel-Iran ceasefire agreement. While both sides have apparently agreed to some sort of ceasefire deal,...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.1625/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.52/bushel, down $0.175 from yesterday's close.  Jul 25 Soybeans closed at $10.4675/bushel, down $0.12 from yesterday's close.  Jul 25 Soymeal closed at $280.5/short ton, down $1.9...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Jordan’s wheat reserves are reportedly at 10 month consumption with barley supply at 8 months consumption. Jordan is increasing its grain storage capacity to a level that will allow as much as 16 months of wheat supply. Egyp...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

Image
From WPI Consulting

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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up