World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 2 – 6 December 2024Export duties were the key driver followed by forex and increased freight costs for rail deliveries which are the main channel of grain delivery to the ports both from Russian territory and occupied territories of Ukraine. Before, freight was not a major factor but now it is! Some traders are switching to truck deliveries if distances are relatively small as fuel in Russia is inexpensive compared to the rest of the world. All of the above hinders Russian farmers from receiving the price they deserve and the price which the global market is prepared to pay. December wheat exports are estimated at around 3.5 MMT which is slightly lower than the average for the past several years.Russian wheat des...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

South America Weather Overview Argentina received some rainfall this week, but precipitation was concentrated in the northeast and western regions, with accumulations well below crop requirements. Looking ahead, temperatures are expected to rise over the coming days, with highs between 36°C...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds building their net long position across the major ag futures contracts for the second straight week. Funds added 108,000 contracts to their all-ags net long position last week, with buying in soyoil and CBOT wheat driving most of that increase.  The...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

South America Weather Overview Argentina received some rainfall this week, but precipitation was concentrated in the northeast and western regions, with accumulations well below crop requirements. Looking ahead, temperatures are expected to rise over the coming days, with highs between 36°C...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds building their net long position across the major ag futures contracts for the second straight week. Funds added 108,000 contracts to their all-ags net long position last week, with buying in soyoil and CBOT wheat driving most of that increase.  The...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2825/bushel, down $0.025 from yesterday's close.  Mar 26 Wheat closed at $5.38/bushel, down $0.035 from yesterday's close.  Mar 26 Soybeans closed at $10.6425/bushel, down $0.08 from yesterday's close.  Mar 26 Soymeal closed at $293.6/short ton, down $2.4...

feed-grains soy-oilseeds wheat

Market Commentary: Get Out of Dodge Friday

Although the week was mixed, there was a convincing move lower on Friday. The mood spelled exit as all the major agricultural contracts closed lower. Even those trading the three major wheat contracts, who had mostly countered the bearish sensibilities elsewhere on the board in many of the prev...

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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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