World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Unexciting and low volume characterized the overnight Globex trading. Markets are still starved for something on which to trade. At least the day session traders had USDA's weekly Export Sales report to mull over. Even though soybeans were supported by a large volume of sales, and corn was pressured by a disgustingly low volume of export sales, markets still failed to generate much enthusiasm or trading volume. Market watchers say that traders do not want to do much until they see the December WASDE next Tuesday, 11 December, but we doubt that it will contain enough that is new and different to be the spark that the market seems to be waiting for.What traders are really looking forward to is the January report blitz cont...

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feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

Summary of Futures

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

Friday involved relatively lower volume and modest price changes as new inputs remain limited. And it wasn’t really due to the lack of USDA reports due to the shutdown since they may not have involved anything market moving. Harvest is progressing, competitors have ample supplies, and buy...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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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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