World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The most significant development in today’s CBOT trade is that soybeans finished with only quarter-cent losses despite rumors of a cessation in Chinese purchases. The markets opened higher on Sunday night but found selling pressure in the wee hours of the morning as Bloomberg reported that China asked its state-owned firms to halt purchases of U.S. soybeans and pork. The restrictions do not affect private importers, a fact that carried the market higher heading into the morning’s open. Rumors circulated later in the day that China was sniffing around for 2-3 cargoes off the PNW, which offered further support. Soybeans traded a 15-cent range before settling slightly lower. Bears should be increasingly cautious as the neutral clos...

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feed-grains soy-oilseeds wheat

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Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

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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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