World Perspectives
feed-grains soy-oilseeds wheat

European Market Analysis

Milling Wheat  World wheat markets are under pressure from USDA’s December WASDE, which increased global 2021/22 ending stocks due to larger production in Australia, Russia, and Canada. The production increases offset higher use expectations and worked to pressure world markets Friday and early Monday.   Physical UK wheat prices are lower in tandem with futures market, though prices remain high from a historic standpoint. Logistical issues are likely to increase in the UK in the coming weeks as farmers will shut down for the holidays and truck availability remains limited. There is speculation that prices for spot delivery will increase substantially over the last-half of December, which may offer producers an excelle...

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WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1375/bushel, up $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.2325/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, down $0.065 from yesterday's close.  Dec 25 Soymeal closed at $276/short ton, up $1.5 fro...

WPI Grain Transportation Report

Dry Bulk Markets  The dry bulk market rally of the past two weeks has ended with rates turning softer this week. The Capesize sector – which lead the recent rally – is now leading the way lower with the Panamax sector in tow. The reason for the weaker rates is that fresh cargo...

feed-grains soy-oilseeds wheat

Market Commentary: New Highs and Lows, Mixed Volume and Results

December corn closed higher for a second session in a row, no doubt aided by the daily export sales reported by USDA. By contrast and since its recent high back on 18 July, both the September and November soybean contracts have closed lower each session but one.   There was higher vol...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1375/bushel, up $0.015 from yesterday's close.  Sep 25 Wheat closed at $5.2325/bushel, down $0.005 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, down $0.065 from yesterday's close.  Dec 25 Soymeal closed at $276/short ton, up $1.5 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand Steadies Corn; Soybeans Fall with Midwest Rain

The CBOT showed mixed trends across its major ag markets on Wednesday with corn and KC wheat finding some short covering that stabilized values and led to small gains. A big part of the stability that came to corn futures was from a flood of export interest that has recently entered the market...

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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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