World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Soybean and corn futures traded slightly higher again overnight, while winter wheat contracts stayed close to unchanged. Trading volume was barely average. However, prices across the board turned red early in the day session and stayed that way through the close. Soybean prices ended down more than 5 cents, soymeal was down around a dollar and soyoil fell 24-33 points. Corn was down about a penny, but wheat posted sharper losses following Stats Canada’s bearish final 2017 production report. Chicago wheat dropped 7.5 cents, KC wheat was down 8 cents, and MGEX spring wheat lost 12.5 cents. Markets reacted to the bearish Stats Canada numbers as well as weather model hints of rain over central Argentina about 10 days from now. The bear...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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