World Perspectives
feed-grains soy-oilseeds wheat

Ag Review: Two Programs Colide: Sugar and Ethanol

Ad Nauseam at 50,000 Feet Opining on agriculture’s “sacralized” issues -- those treated as or made sacred, such as locavorism, veganism, food safety, climate change and the like -- is fraught with hazard, but this summation is intended to be informative and hopefully entertaining. The Slumping Derivatives Industry 2012 was a difficult year for the derivatives industry. Trading volume on world derivative exchanges took a nose dive. The downtrend encompassed all regions of the world except Latin America. Greater Soybean Demand, Larger Soybean Stocks Many farmers are concerned that record soybean production in South America this year and the prospects of record U.S. soybean plantings in 2013 will result in a major decli...

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feed-grains soy-oilseeds wheat

Market Commentary: Markets Cautiously Calm Amid Shutdown but Volatility Looms

The CBOT was mixed to start the week with traders increasingly aware of the ongoing government shutdown. Monday’s trade saw the ag markets trade somewhat cautiously with few willing to add much risk amid the reduced USDA data (we say “reduced” and not “eliminated”...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1275/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.1775/bushel, down $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $277.1/short ton, down $...

Breaking Convention

No political leader has broken rules and norms like President Trump but only because previous leaders refused to bravely declare that the emperor has no clothes. The list of upended conventions is long and still growing. Just this past week it was investors noting how economists have been wrong...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Cautiously Calm Amid Shutdown but Volatility Looms

The CBOT was mixed to start the week with traders increasingly aware of the ongoing government shutdown. Monday’s trade saw the ag markets trade somewhat cautiously with few willing to add much risk amid the reduced USDA data (we say “reduced” and not “eliminated”...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1275/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.1775/bushel, down $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $277.1/short ton, down $...

Breaking Convention

No political leader has broken rules and norms like President Trump but only because previous leaders refused to bravely declare that the emperor has no clothes. The list of upended conventions is long and still growing. Just this past week it was investors noting how economists have been wrong...

FAO Global Food Price Index Down on Month Except for Meat

According to the Food and Agriculture Organization (FAO), the global price index for animal proteins is at a record level in September, up 0.9 points over August and 7.9 points above year-ago levels. September was the eighth consecutive increase in the index. The increase in the meat index cam...

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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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