World Perspectives

Different Value-Added

USDA/FAS reports that excessive rains hit Chile earlier this year and damaged a wide swath of that country’s grape crop. What is notable is the concentration of global grape trade by some of the world’s smaller producers of grapes. Six countries (Chile, Peru, South Africa, United States, Mexico, and Australia) that fall into the category of so-called New World suppliers of grapes and grape products represent just 12.6 percent of global production. Yet those same six countries fulfill 58 percent of all global grape trade.  Disparate dominance between production and exports is not unique. China is the largest producer but has 18 percent of the world’s consumers. Chile typically has a perfect climate for grape productio...

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May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally on PNW Export Rumors; Grains Ease on Profit Taking

The soy complex was the upside leader again on rumors of Chinese purchases of U.S. soybeans from the PNW, as well as some harvest and quality issues in Brazil. Soyoil continued to find support from hopes that the EPA will release its biofuel policy obligations in the coming few days, though no...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close.  May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close.  May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close.  May 26 Soymeal closed at $321.8/short ton, up $7.4 from...

feed-grains soy-oilseeds wheat

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Regional News  On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Rally on PNW Export Rumors; Grains Ease on Profit Taking

The soy complex was the upside leader again on rumors of Chinese purchases of U.S. soybeans from the PNW, as well as some harvest and quality issues in Brazil. Soyoil continued to find support from hopes that the EPA will release its biofuel policy obligations in the coming few days, though no...

China Market Analysis

Farm Policy Next week is China’s annual ‘Two Sessions’ (the People’s Congress plus a consultative body) where Beijing releases its next Five-Year Plan. It has already released its 15th Five-Year Plan for agriculture. It reflects the nation’s evolution from a develo...

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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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