Oilseed prices may have peaked for now, but the bull market is impacting consumption and production. We say “may” because the Rosario Grains Exchange reduced its estimate of Argentine soybean production this year to 40 MMT from 42 MMT due to frost, and the Buenos Aires Exchange is saying it could be true. Argentina is having several problems including a truckers strike and diesel shortages. The oilseed processing and export associations (CIARA-CEC) say that soybean crush utilization has dropped by 43 percent. Malaysia continues to have its own labor shortage, estimated at 10-35 percent, plus concerns about fertilizer availability and cost. But the higher oilseed prices and assuming better weather, FAS attaches are reporting exp...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.