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feed-grains soy-oilseeds wheat

Market Commentary

The CBOT turned higher overnight as worse-than-expected crop condition ratings prompted traders to continue adding weather premia to the market. Corn and soybeans were the upside leaders with SRW wheat reluctantly following. HRW wheat fell 5.75 cents as decent harvest progress and flat cash prices did little to encourage that market. The day session saw corn firming under Monday’s crop conditions report, but a warmer/drier trend for the Corn Belt into July helped temper gains. Soybeans were mixed as the U.S. weather is slightly bullish the market, although world demand is slowing and keeping pressure on prices. Wheat trade was flat and unexciting. Traders are positioning for Friday’s USDA reports, and there are small odds that...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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