World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

The Argentine FOB market for soybeans is quiet to start this week. Sellers are quoting $0.60X for October and November shipments (protein 34/33), but another factor is making this origin uncompetitive against others. Soybeans International Market Dynamics The soybean market has been very slow the past few weeks with Chinese demand absent due to lower crush margins ($10/MT on Brazilian or U.S. soybeans). The spot market remains under pressure from the big U.S. Pacific Northwest (PNW) discount. This origin has been aggressively selling in the past few weeks. The PNW/U.S. Gulf (USG) and PNW/Brazil spreads are each around $0.30/bushel for CNF shipments versus the typical $0.15/bushel and $0.20/bushel, respectively. As such, the PNW has been...

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feed-grains soy-oilseeds wheat

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Remembering 9-11

Twenty-four years ago, on September 11, 2001, the U.S. experienced one of the most tragic and influential days in the nation’s history. The events of that day would spark great unity, and later division, as our nation grappled with terrorism’s fallout. The days and weeks immediately...

feed-grains soy-oilseeds wheat

Market Commentary: Calm for the Day but Geopolitics Hint at Looming Volatility

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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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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