World Perspectives
feed-grains

WASDE Corn

U.S. domestic corn exports are lowered 75 million bushels due to slow sales.  As a result, corn ending stocks are raised 75 million bushels.  The season-average corn price received by producers is lowered 10 cents to $6.70 per bushel based on observed prices to date.  Foreign corn production is reduced with forecast declines for Ukraine, Russia, the EU, and Vietnam.  Ukraine corn production is sharply lower with reductions to both area and yield as the ongoing conflict. Russia corn production is lowered as harvest delays in the country reduce area expectations.  (Note: USDA increased Australian barley production due to the most recent crop report from ABARES.  Argentina barley production is cut on continued dr...

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feed-grains soy-oilseeds wheat

Market Commentary: No Major Swings on More Positioning Ahead of WASDE

Corn opened lower but managed a quarter penny higher close, and hogs tried to follow cattle higher at the open but ended lower for a third session in a row, but the rest of the pack ended the day where it started with equally small changes.Fundamentals are helping corn, wheat and cattle, and so...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.58/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.425/bushel, up $0.02 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, down $0.005 from yesterday's close. Mar 25 Soymeal closed at $303.5/short ton, down $3.8 from ye...

Trudeau Resigns as Canadian Prime Minister

On the campaign trail in 2024, then-candidate and now President-elect Donald Trump proposed to levy tariffs of 10 to 20 percent on all imports, and 60 percent on imports from China. Then on the week of Thanksgiving, that changed to 25 percent tariffs on Canada and Mexico, and an additional 10 p...

feed-grains soy-oilseeds wheat

Market Commentary: No Major Swings on More Positioning Ahead of WASDE

Corn opened lower but managed a quarter penny higher close, and hogs tried to follow cattle higher at the open but ended lower for a third session in a row, but the rest of the pack ended the day where it started with equally small changes.Fundamentals are helping corn, wheat and cattle, and so...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.58/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.425/bushel, up $0.02 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, down $0.005 from yesterday's close. Mar 25 Soymeal closed at $303.5/short ton, down $3.8 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt will see the investment of $100 million by China’s New Hope Group in the expansion of its animal feed operations. New Hope currently has five production facilities in Egypt producing 650,000 MT of animal feeds which will be increas...

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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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