World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Wheat Drags on Market

SPREADS August crush trades to 88c/bu while oilshare trades to 43.29%.  Bull spreads are rallying again with July/Nov beans trading back to 1.95 1/2c from 1.84 1/4c, while July/Dec meal inverse trades from $20.00 to $18.00.  July/Dec corn trades up to 1.08c inverse from 98c.  July wheat/corn trades from 68c down to 52c. PALM OIL August palm oil closed down 45 ringgits lower ending at 4,240 ringgit/mt.  Intertek estimated exports for the FH May at 685,114 mt, up 17% vs. month ago. NEWS The stock market is 130 pts lower with the US dollar trading to 90.17 and crude oil at $64.83/barrel.   CALLS Calls are as follows: beans:  6-9 higher meal:  4.50-4.90 higher soyoil:  30-35 higher corn:&n...

Related Articles
soy-oilseeds

Thailand Soy Tariffs Update

Thailand’s market is now officially reopened to soybean and soymeal imports as the government has resolved a lapse in tariff policy that caused import duties to default to prohibitively high levels earlier this month. On 27 January, the Thai Cabinet approved the continuation of its market...

Middle Power Potential; EU Mimics China

Middle Power Potential The provocation from President Trump is that the U.S. will no longer self-sacrifice to the needs of Europe and other beneficiaries. Once the shock of this watershed wears off, it should be seen as an opportunity by the middle powers to coalesce on their own. The early eff...

FOB Prices and Freight Rates App (Updated 28 January)

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”...

soy-oilseeds

Thailand Soy Tariffs Update

Thailand’s market is now officially reopened to soybean and soymeal imports as the government has resolved a lapse in tariff policy that caused import duties to default to prohibitively high levels earlier this month. On 27 January, the Thai Cabinet approved the continuation of its market...

Middle Power Potential; EU Mimics China

Middle Power Potential The provocation from President Trump is that the U.S. will no longer self-sacrifice to the needs of Europe and other beneficiaries. Once the shock of this watershed wears off, it should be seen as an opportunity by the middle powers to coalesce on their own. The early eff...

FOB Prices and Freight Rates App (Updated 28 January)

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”...

livestock

Livestock Industry Margins

Beef packer margins remained deeply negative, with estimated net losses at -$185/head, little changed from the prior week. Rising boxed beef values continued to lag gains in fed cattle prices, keeping gross margins compressed despite incremental support from carcass weights and drop values. Rel...

Image
From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up