World Perspectives
feed-grains soy-oilseeds softs

Oilseed Highlights

While farmers may have a positive view of the Indian government’s action on Tuesday that reduced the royalty Monsanto can charge for planting its patented biotech Bt cotton, this will likely prove to be very negative for them in the future. USDA Raises U.S. Soy Ending Stocks on Smaller Domestic Crush USDA made relatively few changes in its supply/demand forecast for soybeans in yesterday’s WASDE report. However, it did raise its estimate for 31 August 2016 U.S. soybean ending stocks by 10 million bushels to 460 million bushels, which was a result of its reduction in the 2015/16 U.S. crush estimate by the same amount. USDA indicated the crush was lowered due to its decreasing the domestic soymeal demand forecast by 200,000 ST to 33.3 milli...

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Summary of Futures

Dec 24 Corn closed at $4.2/bushel, down $0.0475 from yesterday's close. Mar 25 Wheat closed at $5.58/bushel, up $0.0225 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, down $0.0225 from yesterday's close. Jan 25 Soymeal closed at $291.4/short ton, down $4.5 from...

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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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