World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Markets Await Iowa Yield Estimates

The CBOT was mixed once again with row crops mostly steady unenthusiastic trade as the market awaits the Iowa and Illinois Pro Farmer tour results. Wheat futures were higher overnight on rumors of sales to China but dipped this morning when USDA did not confirm such sales. Afternoon buying interest eventually pushed wheat 4-7 cents higher by the close. Funds were modest sellers of corn and bought a small volume of soybeans while buying some 5,000 contracts of wheat.  China once again secured U.S. soybeans for 2020/21 delivery, with USDA reporting a daily “flash” export sale of 192,000 MT sold to the country. USDA surprised the market as it did not announce the sale of U.S. HRW wheat to China, trades of which had been widel...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

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

Market Commentary: Grain Bulls Emerge from Hibernation

The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong gains for the day. The reasoning for each market’s rally was unique, but there were commonalities between all. For grains, the biggest common factor was short covering an...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

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...

FOB Prices and Freight Rates App (Updated 2 July)

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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