World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets opened strong last night, and the soybean market extended that strength into big gains today. The story was the unexpectedly good news that the U.S. and China have declared a truce in the potential trade war with all potential duties and tariffs suspended. U.S. soybean exports to China are of course the big winner, and futures responded accordingly. Wheat, on the other hand, was lower. The problem with wheat stemmed from rains across Texas over the weekend plus a chance for rainfall across parts of West Australia late this week. Corn was strong early before dropping to steady and finishing basically unchanged. U.S. equity markets also had a very big day on the China trade news and held their gains for the entire session. Crude oil...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.335/bushel, up $0.0675 from yesterday's close.  Jul 24 Wheat closed at $5.6675/bushel, up $0.1375 from yesterday's close.  May 24 Soybeans closed at $11.505/bushel, up $0.1625 from yesterday's close.  Jul 24 Soymeal closed at $343.2/short ton, up $5.8 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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