World Perspectives
feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Last Thursday, a Ukrainian merchant vessel carrying grain and bound for Egypt was struck by a Russian missile in the Black Sea waters near Romania. The event is escalating the geopolitical tensions between the two countries and threatens Ukraine’s ability to protect civilian vessels navigating to/from its grain ports.  Egypt’s GASC purchased 430 KMT of Russian wheat in a private deal with prices of $233/MT C&F for delivery in October.  Milling Wheat  Wheat futures continue to trend higher last week with adverse weather in Russia driving supply concerns. December Matif wheat futures rallied and scored a four-week high due to both technical buying and fundamentally related concerns about...

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Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONTurkey has revised its wheat import rules for flour millers – millers can now import up to 25 percent of their wheat supply, up from 15 percent. The remaining 75 percent must be purchased from TMO, the government’s grain company. The cha...

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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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