World Perspectives
feed-grains

Technical Views - Deeper Dive

SPREADS  Dec. crush falls to 97c/bu while oilshare sits at a steady 45.84%.    Dec/March corn trades from 9 1/2c to 9 3/4c carry.  Dec/March wheat trades from 10 3/4c to 11 1/2c.  Dec wheat/corn trades from 1.99 1/4c down to 1.91c.  Nov/Jan bean trades from 9c to 9 1/4c, while the Nov 21/Nov 22 inverse trades from 33 1/2c down to 26 1/2c.  Dec/March meal spread trades from $4.90 out to $5.50. PALM OIL Nov down 87 ringgits to close at 4,391 ringgit/mt signaling an expectation of higher ending stocks in August.   NEWS Stocks are off on the continuation of the spread of the virus, and rising inflation which may trigger the Fed to adjust interest rates sooner rather than later.  CALLS Cal...

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Negotiating Positions; Righteous Stand

Negotiating Positions Ukrainian President Volodymyr Zelensky is being joined in Washington today by EU leaders as they discuss with President Trump the next possible steps in the peace effort with Russia. European leaders bristled over being left out of the initial talks last Friday with Vladim...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News The Association of German Cooperatives (DRV) raised its forecast for the German grain harvest from 41.7 MMT to 43.0 MMT, up 10 percent from the 2024 crop. Wheat production was increased from 21.6 MMT to 22.4 MMT and corn from 4.5 MMT to 4.6 MMT. Heavy July rains boosted corn yield...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

Negotiating Positions; Righteous Stand

Negotiating Positions Ukrainian President Volodymyr Zelensky is being joined in Washington today by EU leaders as they discuss with President Trump the next possible steps in the peace effort with Russia. European leaders bristled over being left out of the initial talks last Friday with Vladim...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News The Association of German Cooperatives (DRV) raised its forecast for the German grain harvest from 41.7 MMT to 43.0 MMT, up 10 percent from the 2024 crop. Wheat production was increased from 21.6 MMT to 22.4 MMT and corn from 4.5 MMT to 4.6 MMT. Heavy July rains boosted corn yield...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders paring back their slightly bearish combined bets across the ag space. The past several weeks have featured few meaningful changes in the net ag position — the sum of funds’ holdings across corn, the soy complex, all three class...

feed-grains soy-oilseeds wheat

Market Commentary: A Strong Close for the Week

Markets were higher in the overnight and were all green at the open this morning. By the end of the session, most remained higher except meal and HRS. It was mostly a bounce back Friday instead of a profit taking end of the week. Though there was generally some of the lowest volumes traded for...

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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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