World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Macro Support

SPREADS May crush trades to 71c/bu while oilshare trades strongly back over 37.0% to close at 37.10%.   July/Nov bean inverse trades from 1.73 1/4c down to 1.67 1/4c, while May/July inverts to 14c from 12 3/4c.  July/Dec meal inverse trades from $40.50 up to $41.60.  July/Dec corn inverse is weaker, trading down to 62 3/4c from 67 1/4c.   July wheat/corn trades from 1.15 1/2c to 1.18 1/4c.  PALM OIL May up 50 ringgits.  Prices were higher in early Asian trading on oil's higher close in Chicago and positive trade on the Dalian Exchange.  Weak exports and rising production could curtail a higher trending market. AmSpec released Feb. 2021 exports estimates at 1.000 mmt, down 8.2% from Jan. NEWS...

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

Inspiring Change; Transactional Ag; USMCA Attack

Inspiring Change U.S. President Donald Trump’s assault on NATO was unpleasant, especially for Europe. Yet the result was European capitals finally agreeing to boost their own financial commitment to the pact instead of continuing to free ride on U.S. taxpayers. Now the same inspiration fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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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