World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Opens Mixed

GOOD MORNING, The markets will open on a mixed note today, with end-of-month profit-taking probably providing two-sided trade.  Funds exit the month with an estimated long 25K wheat contracts, 80K long soyoil, short 120K corn, 50K short beans, and short 40K meal.  The largest losing position is now in soyoil, which is creating further downside momentum.   Prices stumbled for beans this week on the back of poor export sales, harvest pressure, and lack of Chinese buying activity.  China may be on holiday, but no doubt they are watching and lower prices could be a good thing moving into early Feb. should they decide to purchase.  A weaker Brazilian currency brings in another element of pressure, as the weaker va...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inve...

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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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