World Perspectives
feed-grains soy-oilseeds wheat

Closing Bell Wrap-Up

World weather worries sent the entire grains complex higher in today’s trading, with corn and wheat futures advancing beyond Tuesday’s pre-China-crash closing prices. Soybeans made a valiant effort to erase yesterday’s losses but could not fully overcome yesterday’s price drop. The cattle complex found additional buyer support today, which sets the stage for a higher close tomorrow in the futures and cash markets.  Outside of the ag markets, the S&P 500 and Dow Jones indexes finished the day higher by 18 and 240 points, respectively. The U.S. dollar is currently holding modest gains while COMEX gold is down $10/ounce. Crude oil futures are slightly higher as of this writing.  Corn May corn futures fi...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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