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feed-grains soy-oilseeds wheat

The PM POST: Achieving Technical Highs

THE OPEN: 

November beans: 6 1/4 higher December meal: 4.20 higher December soyoil: 3 lower December corn: 7 higher September wheat: 3 1/4 higher

The markets opened as called with further short-covering activity. Technically, the markets continued to trend upward into new trading range highs. Oilshare values were weaker as meal gained on soyoil and corn gained on wheat. Beans were supported the most as funds are long and continue to build a long position against a large fund corn short.  Wheat bears did not look threatened. SOY The soy complex opened as called with more outright buying in beans based on technical price action, which was friendly, and more short-covering in soymeal. Buy-stops were triggered over the key...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

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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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