World Perspectives
feed-grains soy-oilseeds wheat

It’s All about Exports

There has been much consternation about the pace of U.S. export sales and shipments for the current marketing year. Interestingly, corn and wheat prices have been getting battered even though both commodities appear to be on track to meet USDA’s export goals, while the soybean market has remained relatively strong despite the fact that export sales will be well below last year even if a deal with China is reached. Here’s a quick recap of where corn, wheat and soybean export sales and shipments stand as of yesterday’s weekly export sales report. The U.S. corn export shipment pace has been so good relative to last year because of the small safrinha corn crop in Brazil and increased import demand from Europe into the firs...

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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

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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