World Perspectives
soy-oilseeds

King Oil

Maize is often called King Corn because of its dominance in planted production in the U.S. but the real king in terms of price has been vegetable oil. Prices are up 100 percent from just a year ago and are at nose-bleed territory. Ukrainian crude sunflower oil has particularly gotten out ahead of competing oils. Its price premium is currently 27 percent ahead of soyoil, 68 percent higher than palm oil and even 21 percent above sunoil next door in Russia. That contrasts with a year ago when Ukrainian sunoil was at a 9.2 percent premium to soyoil, an 11.5 percent premium to palm oil and just 3.7 percent more than Russian sunoil. One thing that is clear is that neither overall vegetable oil prices nor the premium in Ukrainian sunoil are susta...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

16 October was World Bread Day, just in case you missed it. The European Commodity Exchange held in Berlin Germany last week was well attended with over 4,000 people registered. There were many attendees from Turkey, Egypt, and across North Africa, fewer from Africa and the Middle East but stil...

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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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