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feed-grains soy-oilseeds wheat

Market Commentary

The CBOT was higher overnight on short covering and what looked to be the start of a Turnaround Tuesday. The day session, however, featured aggressive fund selling in row crops that eliminated any hope for a turnaround. Wheat futures managed to find some support off yesterday’s Crop Conditions report from USDA, but SRW futures continued to trade below key technical support. Livestock futures were higher due to specifics on futures contract construction as well as hope that packing plants will resume more normal operations soon.  This afternoon, President Trump signed an executive order that uses the Defense Production Act to require meat packing plants to stay open. The order was initially requested by Senator Grassley (R-IA) la...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.24/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.64/bushel, down $0.005 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.8 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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