World Perspectives
feed-grains soy-oilseeds

Mercosur Regional Analysis

Wheat The wheat harvest in Argentina has ended with an estimated production of 11.5-12.5 MMT. This is no surprise to the market and compares with a 22 MMT crop from last season. The overall quality has been good, with high test weigh and gluten content, which is good news for local millers who will not have to pay extra to get higher quality wheat.  Wheat shortages and government interventions, however, have created major distortions in the market. Exporters have been net sellers of FAS wheat at prices of $340/MT. In addition, by not buying the reference price of wheat at the ports (published daily by the Rosario Board of Trade) prices fell to levels of $305/MT ($355/MT FOB equivalent). Exporters have purchased 5.5 MMT, of which some...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: USDA Reports Offer Few Surprises, Weather Dominates Trade Outlook

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Sep 25 Corn closed at $4.0925/bushel, down $0.0225 from yesterday's close.  Sep 25 Wheat closed at $5.3825/bushel, down $0.025 from yesterday's close.  Nov 25 Soybeans closed at $10.27/bushel, up $0.0225 from yesterday's close.  Aug 25 Soymeal closed at $275.8/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Export Tax Update The Argentine government has officially issued a decree extending the reduction of export taxes for wheat and barley, while restoring previous rates for corn, soybeans, and soybean by-products. Much of the agricultural sector remained hopeful until the last minute, amid rumors...

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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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