World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Technical trading ruled the day at the CBOT/CME with overnight weakness in palm oil sending soyoil lower at the open. That set the stage for support in soybeans and meal as bear soyoil/meal or soybean spread trading developed. The wheat markets pulled back sharply at the open in a test of yesterday’s strength and newly formed support points. That support held, and all three classes of wheat finished with (relatively) minor losses. Funds are long wheat and are defending that position while cash SRW values firm.  The trade is looking for USDA’s initial 2020 outlook in the Ag Outlook Forum tomorrow morning. Expectations are that some 93.5 million acres of corn will be seeded this coming year with 85 million acres of soybeans...

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feed-grains soy-oilseeds wheat

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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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