World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Futures markets were quietly mixed overnight ahead of this morning's USDA WASDE update. U.S. and Asian financial markets continued to gain ground with another all-time high set in the DOW today and a four-and-a-half year high in Japan. The dollar was very strong on more euro weakness.The USDA report was released at 11 a.m. CT and was viewed as bearish for soybeans and wheat and bullish for corn. Soybean ending supplies were left unchanged, as was Brazil's production estimate. Soybean prices quickly collapsed and traded down more than 20 cents at one point. Wheat followed soybeans, but corn rallied on a 100 million-bushel increase in the feed/residual use. Those losses in wheat and soybeans were not sustained and both ral...

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Black Sea Regional Analysis

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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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