World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Defensive on Low Volume

GOOD MORNING, Prices were on the defensive overnight, as volumes remain light and new inputs quiet.  Soyoil futures congest though finds pressure from lower energies.  Corn prices continue lower with weaker wheat setting the stage for lower trade.  Chicago and KC wheat each drift to new lows, and continues the downtrend price action.  Beans may have gotten too high, and lose to corn overnight.  Profit-taking in oilshare is a major feature as canola, palm, and crude are in the red today. In more guesses in front of the March 31 Planting Intentions report, Farm Futures has the following acreage estimates: all wheat:  45.61 mln acres, up 2.8% vs. year ago.   corn:  93.59 mln acres, up 3.1% vs. y...

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feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

Offer Ownership; False Equivalence

Offer Ownership U.S. Senator Kevin Cramer (R-North Dakota) has urged the U.S. Justice Department to investigate the “Big Four” meat packing companies, suggesting their excessive market power is the reason consumers are being charged high prices for beef. The North American Meat Inst...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

Offer Ownership; False Equivalence

Offer Ownership U.S. Senator Kevin Cramer (R-North Dakota) has urged the U.S. Justice Department to investigate the “Big Four” meat packing companies, suggesting their excessive market power is the reason consumers are being charged high prices for beef. The North American Meat Inst...

SNAP Benefits Run Out, USDA Issues Contingency Plan

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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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