World Perspectives
feed-grains soy-oilseeds

Corn Crop Questions

It has been a tumultuous three months for grain and soy markets, which have been roiled by the Trump administration’s aggressive “take no prisoners” approach to trade, trading agreements and trading partners. Imposing tariffs on imports of steel, aluminum, industrial products and, more recently, consumer goods led Mexico, Canada, the EU and China to retaliate with tariffs of their own on a variety of imports from the U.S. Exports of U.S. agricultural commodities have been a prime focus of these retaliatory efforts because they are easy to target and readily replaced by shipments from elsewhere. In addition, farmers and rural areas heavily supported Donald Trump in the 2016 presidential election, and hitting that constituen...

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feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

Trade War Positions

Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

feed-grains soy-oilseeds wheat

Market Commentary: Cattle Extend Record Rally; Wheat Finds New Lows; Corn, Soyoil Collapse

The CBOT tried to rally overnight and posted some slight gains heading into the morning break, but thereafter the market quickly found selling pressure. Monday’s favorable Crop Progress and conditions report from USDA offered much of the justification for the selling pressure and helped s...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

Trade War Positions

Canadians reacted with understandable revulsion to President Trump’s insults to their nation. In yesterday’s election, they were given two choices: elect Conservative Pierre Poilievre as prime minister who pledged to build a better and stronger nation, or choose Liberal Mark Carney...

Canadian Elections

Canadian voters went to the polls last night. They selected Mark Carney, the current Prime Minister, as the leader of the new government. The writ of election was issued just over a month ago, on 23 March, after Governor General Mary Simon accepted a request to dissolve parliament from Prime Mi...

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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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