World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Funds were selling wheat again today and had reportedly sold more than 7,000 contracts of Chicago wheat by noon. Meanwhile, soybean and soymeal futures turned higher early in today’s trade. November soybean futures traded right up to $10.20, a key technical resistance point. General Comments Markets opened slightly lower Sunday evening and remained that way throughout the night on light volume. Soybean futures turned positive at this morning’s opening and eventually traded 14-15 cents higher. Wheat was weak and corn was slightly lower much of the session. The only news is that the Pro Farmer crop tour started today with one leg in Ohio and the other in South Dakota. The groups will merge in Rochester, MN on Thursday.Crude oil was giving b...

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feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Silver Linings Pressure Corn, Soybeans

CBOT markets were mostly mixed in quiet trade overnight, but that tenor changed quickly once the day session started. The Crop Progress report initially appeared supportive for the major markets with planting slowing for corn and soybeans and corn and spring wheat conditions coming in below exp...

Trade Negotiation Hurdles; Bond Market Conflict; Companionship or Dinner

Trade Negotiation Hurdles U.S. and EU trade negotiators meet again tomorrow in a bid to reach an agreement by 9 July; there is a lot of skepticism about its relative success. Politico Europe reporter Camille Gijs notes that politicians in Brussels have no appetite to give the White House big co...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.51/bushel, down $0.085 from yesterday's close.  Jul 25 Wheat closed at $5.3025/bushel, up $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.485/bushel, down $0.14 from yesterday's close.  Jul 25 Soymeal closed at $293.7/short ton, down $2.6 f...

feed-grains soy-oilseeds wheat

Market Commentary: Crop Progress Silver Linings Pressure Corn, Soybeans

CBOT markets were mostly mixed in quiet trade overnight, but that tenor changed quickly once the day session started. The Crop Progress report initially appeared supportive for the major markets with planting slowing for corn and soybeans and corn and spring wheat conditions coming in below exp...

Trade Negotiation Hurdles; Bond Market Conflict; Companionship or Dinner

Trade Negotiation Hurdles U.S. and EU trade negotiators meet again tomorrow in a bid to reach an agreement by 9 July; there is a lot of skepticism about its relative success. Politico Europe reporter Camille Gijs notes that politicians in Brussels have no appetite to give the White House big co...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.51/bushel, down $0.085 from yesterday's close.  Jul 25 Wheat closed at $5.3025/bushel, up $0.0175 from yesterday's close.  Jul 25 Soybeans closed at $10.485/bushel, down $0.14 from yesterday's close.  Jul 25 Soymeal closed at $293.7/short ton, down $2.6 f...

FOB Prices and Freight Rates App (Updated 28 May)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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