World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It is hard to keep track of the rumors flying around concerning Chinese plans to buy U.S. soybeans. Their most common thread has China buying 5-8 MMT, although there are several versions of this rumor. One has Sinograin and COFCO, a state-owned trading company, as the buyers since both would presumably qualify for rebates of the 25 percent import tariff on U.S. soybeans. Some of the rumors also suggest China will buy U.S. grain as well, presumably corn and wheat. While unable to confirm this, we strongly suspect that one or both of those two Chinese buyers started the process this morning by making some purchases from the Pacific Northwest (PNW). The quantity could be enough to be used as evidence that the Trump trade policies are working...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Barriers are Good; Squeezed in the Trade War; Calculating the Impacts; Tax is a Tax

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday...

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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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