World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Wheat and soybean futures were lower overnight, and they stuck to that pattern through the day with soybeans opening with steeper losses. Meanwhile, corn was steady during the night session and finished today fractionally higher after posting 2-3 cent gains in the first half hour. The U.S. government is still in partial shutdown with no apparent end in sight. That leaves the market somewhat starved for the information that USDA typically provides, especially export sales reporting. The trade is reluctant to buy without evidence of improving export business. U.S. equity markets were slightly lower today with little volatility. Crude oil was down just over $1.00/barrel, and the U.S. dollar was slightly lower. The weekly export inspections...

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feed-grains soy-oilseeds wheat

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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 $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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