World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary – Lower for the Week

Modest volumes were traded today, except HRW and Lean Hogs where there was some added play. For the week overall, the bears were in charge with weather and Ukraine the overriding factors. Neither of those influences are definitive. In fact, Russia lowered its export tax on wheat to facilitate sluggish movement. For the week, prices are lower, net long positions in corn increased by 29 percent, but fell 8.5 percent for soybeans. Ukraine’s wheat crop is down 40 percent this year and McKinsey predicts problems will continue with overall grain production down 35-45 percent from its peak. Then they cited fertilizer shortages to conclude that grain prices will remain high into 2023. This is supported by futures where: Deferred corn...

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feed-grains soy-oilseeds wheat

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feed-grains

WASDE Corn - Jan 2026

USDA’s Jan estimate for 2025/26 U.S. corn is for larger production and higher feed residual usage to result in greater ending stocks: Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per acre and a 1.3-million acre ris...

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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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