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Oilseed Highlights

Rosario Exchanges Cuts Forecast for Argentine Soybean Production The Rosario Grains Exchange today reduced its forecast for Argentine soybean production this year from 53 MMT to 48 MMT. It said the reduction was because of the extreme heat that has impacted northern parts of the country. It singled out the province of Salta as an area where the crop is in very serious condition because of drought in consecutive years. The exchange said the country's national average yield this year will be 2.5 MT/hectare (37.1 bushels/acre). The average yield in Buenos Aires province is forecasted at 2.5 MT/hectare, while the yield in Cordoba province is forecasted at 2.65 MT/hectare (39.4 bushels/acre).The exchange release indicated rains that fell 18-1...

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Trade Deals Being Worked on With Japan, China, and the EU

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feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

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Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

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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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