World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Markets were weak in the overnight session and that weakness followed through until the close at 2:00 p.m. Outside market factors were bearish. The U.S. economic news was weaker than expected with only 80,000 jobs created in June. The market was hoping for a number in excess of 100,000.  The unemployment rate held steady at 8.2 percent. Traders were again worrying about the Eurozone debt issues and China growth.  The dollar was strong and crude oil was $2 - 3 lower.It was a very big week for prices at the CBOT with major gains in corn, wheat and soybeans.  The markets deserved a break and today they finally got one.  In addition to weak outside markets, corn and wheat export sales numbers were small...

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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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