World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The soy complex opened higher this morning despite overnight news that China's latest PMI number was below 50 for the first time in two-and-a-half years. Egypt's GASC announced a wheat tender after the close under its standard terms. General Comments Markets were quietly lower overnight until the soy complex had a small pop higher early this morning. That trend continued at the opening today with soybeans trading 3-5 higher, corn steady to 2 higher and wheat 2-4 lower. There was not much fresh news to star the week. Saudi Arabia did reportedly buy 690,000 MT of EU, Australian and U.S. wheat. That seemed to be offset by some precipitation across the U.S. southern Plains, although amounts were very light and coverage only around 20 percent...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

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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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