World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Many were hopeful that last Friday’s actions to reopen the U.S. government plus some optimism that this week’s meeting with China will go well would have a positive impact on agricultural and equity markets, but just the opposite happened. Wheat, corn and soybean markets were lower overnight and today with soybean futures down as much as a dime at one point. U.S. equity markets were also sharply lower, and crude oil was down more than $2.00/barrel. The worries today were that the odds of another partial U.S. government shutdown on 15 February are still 50/50. There were also some poor earnings reports, notably by Caterpillar. Most of the central and eastern U.S. will have record or near-record cold temperatures this week. Overn...

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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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