World Perspectives
softs

Thailand Rice Exports

Thai government official Anucha Burapachaisri said the target for rice exports has been raised to 7.5 MMT. The official cited both higher domestic production, and a rebounding global economy that has elevated the value of rice. In truth, Thai rice exports are highly correlated to production, which is just now returning to the output level of five years ago.  Production has been hampered by weather and other factors. Rice exports are most strongly correlated to the country’s yield, and that nosedived in 2019/20 and has now rebounded, though not to the level seen in 2017/2018. The government says it will improve rice breeding to regain the country’s position as the world’s largest rice exporter.  ...

Related Articles

FOB Prices and Freight Rates App (Updated 22 April)

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”...

Aid versus Trade; Idealism versus Competition; AI and Ag; Untethered Presidency

Aid versus Trade Development assistance has a long and unsatisfying history. The causes of poverty were long ago identified as poor governance and the lack of rule of law. But the UN could not criticize the national leaders that form its membership, and so for decades development assistance has...

feed-grains soy-oilseeds energy

Iran Peace Talks on Again, Off Again: Impacting Fertilizer

President Trump and Iranian Foreign Minister Abbas Araghchi announced on social media Friday that the Strait of Hormuz is now fully open to commercial vessels. Araghchi’s post said the strait will stay open for the remainder of the U.S.-Iran ceasefire. President Trump said, “the Str...

FOB Prices and Freight Rates App (Updated 22 April)

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”...

Aid versus Trade; Idealism versus Competition; AI and Ag; Untethered Presidency

Aid versus Trade Development assistance has a long and unsatisfying history. The causes of poverty were long ago identified as poor governance and the lack of rule of law. But the UN could not criticize the national leaders that form its membership, and so for decades development assistance has...

feed-grains soy-oilseeds energy

Iran Peace Talks on Again, Off Again: Impacting Fertilizer

President Trump and Iranian Foreign Minister Abbas Araghchi announced on social media Friday that the Strait of Hormuz is now fully open to commercial vessels. Araghchi’s post said the strait will stay open for the remainder of the U.S.-Iran ceasefire. President Trump said, “the Str...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds paring back their net long position across the major ag futures contracts for the second straight week as signs of hope in the Middle East triggered an exit of geological “risk on” trades from commodity markets. Funds sold 40,000 contracts (4...

Image
From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up