World Perspectives
soy-oilseeds softs

Indian Subcontinent Regional Analysis

Higher Cotton Production Expected; Prices Slowly Moving Up: The Cotton Advisory Board (CAB)’s estimate of India’s 2017/18 cotton production is 37.7 million bales (170 kg each), up 9.27 percent from 34.5 million bales in 2016/17.It is projected to be down in states that include Maharashtra, Gujarat, Telangana, Karnataka and Madhya Pradesh while higher in Rajasthan and Punjab. Pest attacks, especially pink ballworm, are expected to cause the production drop in Maharashtra and Gujarat. The overall area under cotton in 2017 was 12.2 mill hac, up 12.96 percent from last year’s 10.8 mill hac. Meanwhile, domestic consumption in India is expected at 28.8 million bales. Prices were moving lower at the start of the harvest, but...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.48/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.1525/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.7125/bushel, up $0.195 from yesterday's close.  Jul 25 Soymeal closed at $298.1/short ton, up $4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Market Movers Galore Move Markets

A tariff truce, export inspections, WASDE and crop progress. Monday was action packed and the much-anticipated USDA May WASDE report did not disappoint. In general, it was mixed for corn, bullish for soybeans, and bearish for wheat. In fact, all three major wheat contracts registered new contra...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn   Argentina’s corn harvest continues to progress slowly, not only because the focus remains on soybeans — with more than 21 percent harvested in just one week — but also due to rains recorded in several areas. To date, 34 percent of the estimated corn area has b...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.48/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.1525/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.7125/bushel, up $0.195 from yesterday's close.  Jul 25 Soymeal closed at $298.1/short ton, up $4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Market Movers Galore Move Markets

A tariff truce, export inspections, WASDE and crop progress. Monday was action packed and the much-anticipated USDA May WASDE report did not disappoint. In general, it was mixed for corn, bullish for soybeans, and bearish for wheat. In fact, all three major wheat contracts registered new contra...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn   Argentina’s corn harvest continues to progress slowly, not only because the focus remains on soybeans — with more than 21 percent harvested in just one week — but also due to rains recorded in several areas. To date, 34 percent of the estimated corn area has b...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  France and Romania are lobbying for stricter alignment of Ukrainian grain terms with EU standards. The move comes as concerns about logistical bottlenecks, customs issues, and environmental regulations mount. The EU-Ukraine trade corridor continues to evolve and there is gro...

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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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