World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comment  Markets were all steady to slightly higher in overnight trade, and volume was considered average. This is report week again, and USDA will release its November crop production/revised WASDE on Thursday morning. This will be the last corn and soybean yield/production estimates until the “final” numbers are released at the end of January (USDA/NASS doesn’t update yield estimates in December). USDA announced the sale of 130,000 MT of corn to unknown. There is some market noise that Iraq might purchase up to 1 MMT of U.S. hard red winter wheat. U.S. equity markets were slightly higher. News that Broadcom made a $103 billion offer for Qualcomm pushed the NASDAQ to new highs. If this is concluded, it wou...

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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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