World Perspectives

Transatlantic Uncertainty

White House press secretary Karoline Leavitt says that the Administration is still on track to impose a 25 percent tariff on Canada and Mexico this Saturday, unless they take undefined steps on immigration and drugs, and the President is still thinking about imposing a 10 percent tariff on China, and maybe an overall 2.5 percent tariff. Retaliation from trading partners is likely to be immediate, and to be directed against U.S. agricultural exporters. Then again, everything has a caveat, and as in the case of this past weekend’s diplomatic spat with Colombia, threats tied to specific performance criteria are more efficacious.  Europe has its own uncertainties. U.S. Secretary of State Marco Rubio skipped a video meeting with EU fo...

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Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

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Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

European Revival; The Worm Turns

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

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Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

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Farmer Bridge Assistance Program Early Details

The USDA will base the $12 billion in farmer payments it recently announced under the Farmer Bridge Assistance (FBA) program on 2025 planted acreage. The department announced that acreage reports, as of 19 December, by 5 p.m., should be “accurate.” Payment rates will be announced th...

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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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