World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Kenya’s National Biosafety Authority (NBA) has announced that field trials for GM maize and cotton will start in October 2017, which is contrary to the efforts of one government ministry. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS A new finance program with Saudi Arabia will allow the Sudan to finance its grain imports, mainly wheat, over a period of ten years. Press reports indicate the grain purchases will be made through Saudi Arabian principals.Saudi Arabia has announced that the Saudi Grains Organization will build a new grain silo in Yanbu, located on the Red Sea about 350 km north of Jeddah and the closest port to the city of Medina (population 1.3 million). The size of the new silos was not announced, but contracts are e...

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, down $0.0675 from yesterday's close.  May 26 Wheat closed at $6.0325/bushel, down $0.135 from yesterday's close.  May 26 Soybeans closed at $11.9625/bushel, down $0.045 from yesterday's close.  May 26 Soymeal closed at $313.5/short ton, down...

energy

Iran War Hits Fertilizer Supply and Disrupts SMP Trade

Today the war in Iran has hit its 10th day. Iranian forces have sustained their retaliatory strikes on US military assets and other key infrastructure in Kuwait, Qatar, Saudi Arabia, and the UAE. The latest Iranian attacks on Bahrain have damaged a water desalination plant. Further, more than a...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn The corn harvest is beginning to gain momentum in Argentina. So far, 7 percent of the area has been harvested, with the core corn region already reaching 10 percent. Yields remain heterogeneous. Some areas are performing well above average, while others are showing the impact of late-seaso...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, down $0.0675 from yesterday's close.  May 26 Wheat closed at $6.0325/bushel, down $0.135 from yesterday's close.  May 26 Soybeans closed at $11.9625/bushel, down $0.045 from yesterday's close.  May 26 Soymeal closed at $313.5/short ton, down...

energy

Iran War Hits Fertilizer Supply and Disrupts SMP Trade

Today the war in Iran has hit its 10th day. Iranian forces have sustained their retaliatory strikes on US military assets and other key infrastructure in Kuwait, Qatar, Saudi Arabia, and the UAE. The latest Iranian attacks on Bahrain have damaged a water desalination plant. Further, more than a...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn The corn harvest is beginning to gain momentum in Argentina. So far, 7 percent of the area has been harvested, with the core corn region already reaching 10 percent. Yields remain heterogeneous. Some areas are performing well above average, while others are showing the impact of late-seaso...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed funds further expanding long positions across the major ag futures contracts for the seventh straight week. Funds added 125,000 contracts (27 percent) to their all-ags net long position, with buying in soybeans and corn primarily responsible for the move. ...

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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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