World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Uncertainty

SPREAD Sep. crush trades to 1.19c/bu while oilshare is firm at 46.87%.  Sep/Nov bean inverse trades from 7 3/4c to 6 1/4c.  Nov/March beans trade from 1c to 1 1/2c carry.   Sep/Dec meal trades from $2.20 to $2.70 carry.  Sep/Dec corn trades from 2 3/4c to 3 1/4c carry.   Sep/Dec wheat trades from 12c to 12 1/4c carry.  Dec wheat/corn trades 1.82 1/4c to 1.76 1/4c.    PALM OIL October closed down 40 ringgits to 4,471 ringgit/mt.   NEWS Crude oil trades firmer to $69.72/barrel with stocks slightly firmer up 36 pts.  The US dollar trades down to 92.87. CALLS Calls are as follows: beans: 2-4 lower meal:  1.00-1.30 higher soyoil: 20 lower corn:  1-2 lower whea...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

Identifying Mispricing Opportunities in Ag Futures

In many ways, human nature is fascinated with the future – predicting what will and what could be and formulating plans accordingly. This is one factor that makes commodity futures markets inherently intriguing – their role in foretelling the future. As WPI readers have likely exper...

livestock

Livestock Roundup: July WASDE Beef Forecast Update

Per USDA’s annual Cattle Inventory report, the total number of cattle and calves in the U.S. as of 1 January was at its lowest point in more than 70 years. Moreover, this was the sixth consecutive year of smaller cattle inventory since 2019. There was a reduction at virtually every level...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.21/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.335/bushel, down $0.0775 from yesterday's close.  Nov 25 Soybeans closed at $10.265/bushel, up $0.06 from yesterday's close.  Dec 25 Soymeal closed at $283.5/short ton, up $0 from ye...

Identifying Mispricing Opportunities in Ag Futures

In many ways, human nature is fascinated with the future – predicting what will and what could be and formulating plans accordingly. This is one factor that makes commodity futures markets inherently intriguing – their role in foretelling the future. As WPI readers have likely exper...

livestock

Livestock Roundup: July WASDE Beef Forecast Update

Per USDA’s annual Cattle Inventory report, the total number of cattle and calves in the U.S. as of 1 January was at its lowest point in more than 70 years. Moreover, this was the sixth consecutive year of smaller cattle inventory since 2019. There was a reduction at virtually every level...

feed-grains soy-oilseeds wheat

Market Commentary: Three-Factor Rally for Soy Complex; Corn Extends Gains

Overnight trade saw short covering and corrective trade in corn, soybeans, and wheat but only the former two markets were able to hold their gains. Soybeans saw a bullish day from the confluence of three factors – the NOPA crush report, fresh “flash” export sales, and Presiden...

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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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