World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Factors Playing

GOOD MORNING, The markets are higher across the board, with soyoil futures into new ctr highs.  Hot and dry weather forecasts verify, sending prices sharply higher, with beans, corn, and meal having upside gap-and-go starts, which is bullish. Corn and bean crops are stressed as weather in the Dakotas hits record highs, and it is estimated that 27% of the corn crop is under severe drought.     While the market remains hot, it is not all about the weather.  Top star is the vegetable oil market, which remains red hot powered by the biofuels push.  According to a Reuters article, production capacity for soyoil is expected to grow 935 mln glns in 2021, about twice as much as yr ago, according to data from the Ston...

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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The weather forecast for Europe and the Black Sea remain highly varied, though mostly optimistic for grain and oilseed production. Conditions have been favorable for planting across the UK and EU to date, though Ukraine and Russia have seen unseasonably cold conditions that...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed that funds continue to lean bearish the ag space with money managers either paring back longs or expanding shorts. The only exceptions to the bearish trend was the continued buying in the livestock complex and, in a bit of a switch from recent trends, across th...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  The weather forecast for Europe and the Black Sea remain highly varied, though mostly optimistic for grain and oilseed production. Conditions have been favorable for planting across the UK and EU to date, though Ukraine and Russia have seen unseasonably cold conditions that...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed that funds continue to lean bearish the ag space with money managers either paring back longs or expanding shorts. The only exceptions to the bearish trend was the continued buying in the livestock complex and, in a bit of a switch from recent trends, across th...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 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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