World Perspectives

Climate Analysis; New Ag Markets

Climate Analysis There will be a new report out on Monday from the UN’s Intergovernmental Panel on Climate Change and predictions are that it will serve as a tool for thousands of articles written about the coming apocalypse. Progressives complain that there is too little in the bipartisan infrastructure bill that addresses climate change despite most Americans saying more needs to be done. But there is little public appetite for the costs of some of the proposed solutions. Massachusetts was going to phaseout natural gas and New York has cancelled a nuclear power plant while blocking the building of new gas pipelines. These approaches are the equivalent of Europe’s mandate for 25 percent organic food, both of which will lead to...

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.5125/bushel, up $0.0825 from yesterday's close.  May 26 Wheat closed at $5.9375/bushel, up $0.0175 from yesterday's close.  May 26 Soybeans closed at $11.67/bushel, up $0.09 from yesterday's close.  May 26 Soymeal closed at $334.4/short ton, up $4.7 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Discount Risk as Grains Quietly Hold Ground

Key Market Developments Macros & Energy:  Outside markets continue to trade in a tug-of-war between escalation and de-escalation — and crude oil is right at the center of it. Overnight, crude pulled back toward $87 as headlines pointed to a potential resumption of peace negotiat...

War Impacts; Taxes and Tariffs

War Impacts May soybeans are now within a penny of their value two weeks ago, and May corn is back up to within half a percent of its price at that time. The S&P closed above 7,000 for the first time, and the Nasdaq hit a record high.  The cost of gasoline is about 15 percent higher th...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5125/bushel, up $0.0825 from yesterday's close.  May 26 Wheat closed at $5.9375/bushel, up $0.0175 from yesterday's close.  May 26 Soybeans closed at $11.67/bushel, up $0.09 from yesterday's close.  May 26 Soymeal closed at $334.4/short ton, up $4.7 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Discount Risk as Grains Quietly Hold Ground

Key Market Developments Macros & Energy:  Outside markets continue to trade in a tug-of-war between escalation and de-escalation — and crude oil is right at the center of it. Overnight, crude pulled back toward $87 as headlines pointed to a potential resumption of peace negotiat...

War Impacts; Taxes and Tariffs

War Impacts May soybeans are now within a penny of their value two weeks ago, and May corn is back up to within half a percent of its price at that time. The S&P closed above 7,000 for the first time, and the Nasdaq hit a record high.  The cost of gasoline is about 15 percent higher th...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.43/bushel, up $0.0275 from yesterday's close.  May 26 Wheat closed at $5.92/bushel, up $0.0975 from yesterday's close.  May 26 Soybeans closed at $11.58/bushel, down $0.0425 from yesterday's close.  May 26 Soymeal closed at $329.7/short ton, down $2.2 fro...

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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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