World Perspectives
feed-grains wheat

Indian Subcontinent Regional Analysis

Corn Exports Unlikely Without More Signifcant Drop in Domestic Prices Domestic corn prices in the key rabi production center (Gulabbagh, Bihar) have continued to fall. The National Commodity and Derivatives Exchange (NCDEX) spot price is down and expected to move lower as harvest nears. Old stocks (harvested in April 2017) are currently being sold at a loss at $174-180/MT, similar to pricing last year, and local sellers are unable to recover the cost of storage as well. Although international corn prices have moved up (U.S. deliveries to Southeast Asia or SEA are close to $229-232/MT with South American origin at $220-225/MT and Ukrainian at $224/MT), India’s prices are currently $210-220/MT FOB East Coast and $235-250/MT delivered...

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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 $4.2025/bushel, up $0.1025 from yesterday's close.  Dec 25 Wheat closed at $5.3425/bushel, up $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.545/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $1.7 from...

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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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