World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn Argentina’s corn harvest continued at full speed and reached 90 percent of the expected harvested area. Despite rains that fell last week, the weekly progress was still near 9 percent.  At the same time, farmers remain strong sellers and the market has been dynamic. In July alone, producers sold near 2.5 MMT. With exporters having already purchased 33 MMT (versus 32.5 MMT of export declarations), it will be important for the government to increase the exportable balance (currently set at 36 MMT) so that sales do not lose speed and local prices are not depressed. Sooner or later, it is likely the government will increase the permit volume, but they are equally likely to do so by releasing small-volume quotas to maintain con...

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Martin Luther King Jr. Holiday

U.S. financial markets will be closed in observance of Martin Luther King Jr. Day on Monday, 19 January. As a result, WPI’s offices will be closed, and no issue of Ag Perspectives will be published that day. Ag Perspectives will resume on Tuesday, 20 January...

feed-grains soy-oilseeds wheat

Market Commentary: Some Rebound from WASDE Lows

By today’s close, losses in soybeans and wheat were down to fractions but corn could not fight its way back from USDA’s surprise bigger supply numbers in Monday’s WASDE. Volumes were generally light on this last day of trading ahead of Monday’s MLK holiday. Only the catt...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2475/bushel, up $0.045 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.5775/bushel, up $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $290/short ton, up $0.8 from ye...

Martin Luther King Jr. Holiday

U.S. financial markets will be closed in observance of Martin Luther King Jr. Day on Monday, 19 January. As a result, WPI’s offices will be closed, and no issue of Ag Perspectives will be published that day. Ag Perspectives will resume on Tuesday, 20 January...

feed-grains soy-oilseeds wheat

Market Commentary: Some Rebound from WASDE Lows

By today’s close, losses in soybeans and wheat were down to fractions but corn could not fight its way back from USDA’s surprise bigger supply numbers in Monday’s WASDE. Volumes were generally light on this last day of trading ahead of Monday’s MLK holiday. Only the catt...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2475/bushel, up $0.045 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.5775/bushel, up $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $290/short ton, up $0.8 from ye...

Government Funding Update: ICE Policy Risks

This past fall the U.S. government was shutdown for the longest period in history, with a temporary reprieve reached to re-open the government until the end of this month (30 January). Regardless of what happens, USDA was funded for the year under the compromise package, thus keeping the agency...

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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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