World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The short covering continued today with early pressure at the CBOT wearing off in favor of higher closes. Funds aren’t especially fond of covering their once-profitable short positions but did so reluctantly today. There seems to be consensus that a large portion of the recent rally was short-covering-driven, rather than pushed by new longs being added. Consequently, price gains may slow as traders have liquidated all that they want to while waiting for more details on a Phase One trade agreement. Farmer selling remains light with producers holding out for corn prices that seem well above current futures values while soybeans might trigger some sales just above current closes.  The South American weather continues to be worth wa...

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 28 April)

Update for 28 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where o...

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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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