World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn There were several inquiries for Argentine corn for October, November and December shipment. As a result, some trades were made at -55 CZ for November and -63 CZ for December. As demand began to increase, sellers changed their premiums to -65 CZ for September, -50 CZ for October, -45 CZ for November and -40 CZ for December. Most trading houses are running out of export licenses, so scarce offers could be found.This week demand is focused on November at -60 CZ with some cents per bushel in carry for December shipment. There is an estimated 300,000 MT of old crop demand for Upriver ports. Out of southern ports, we are seeing some offers at -70 CZ (Necochea) for September and October shipment, but no trades were openly reported. In Bah...

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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

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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

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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

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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