World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Firmer Trends Continue; Ukraine’s Corn in Jeopardy

The CBOT saw generally quiet, steady trade at mid-week, but many players noted firmer undertones as futures stabilize or start to recover from deeply oversold conditions. Corn and all three wheat futures markets turned higher with cautious bull spreading with the latter market seeing support from growing international import demand. The soy complex was stronger as well, though the gains mostly came from soymeal and its bull spreading on export demand. Soyoil, in contrast, sank sharply lower on technical selling, which left the soybean market conflicted. New crop soybean futures then resumed their prior trend (down) and scored another day of minor losses. Funds remain heavily short ag futures, but as the downside momentum wanes, short coveri...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Some Rebounds, Some New Contract Lows

Most of the board traded in the red to start today’s trading session. There is too much corn and soybeans and not enough prospective buyers. All three major wheat contracts hit new lows today. Except for corn, major contracts are bearishly trading below major moving averages. Grower group...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.195/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.33/bushel, up $0.015 from yesterday's close.  Dec 25 Soymeal closed at $283.7/short ton, up $1.2 from...

livestock

Cultivated and Veggie Based Meat Alternatives

The closure of the Mexican border to feeder cattle imports due to New World Screwworm (NWS) has led to a 17 percent increase in beef prices in Mexico and a 12 percent increase in prices in the U.S. Cattle shipments to the U.S. have dropped more than 70 percent from January to July of this year...

feed-grains soy-oilseeds wheat

Market Commentary: Some Rebounds, Some New Contract Lows

Most of the board traded in the red to start today’s trading session. There is too much corn and soybeans and not enough prospective buyers. All three major wheat contracts hit new lows today. Except for corn, major contracts are bearishly trading below major moving averages. Grower group...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, up $0.0175 from yesterday's close.  Dec 25 Wheat closed at $5.195/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.33/bushel, up $0.015 from yesterday's close.  Dec 25 Soymeal closed at $283.7/short ton, up $1.2 from...

livestock

Cultivated and Veggie Based Meat Alternatives

The closure of the Mexican border to feeder cattle imports due to New World Screwworm (NWS) has led to a 17 percent increase in beef prices in Mexico and a 12 percent increase in prices in the U.S. Cattle shipments to the U.S. have dropped more than 70 percent from January to July of this year...

Inflation Regime Changes and Commodity Market Outlooks

U.S. fiscal and monetary policy is at a crossroads, which is creating uncertainty for macroeconomic and commodity markets. Chief among these concerns is “sticky” inflation that has resisted the Fed’s efforts to control it, which is juxtaposed against a weakening labor market...

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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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