World Perspectives
soy-oilseeds

Oilseed Highlights: Continued Pressure from South America and Policy Uncertainties

The MarketDespite a decent USDA Export Sales report, the market continues to be weighed down by the large developing South American soybean crop. Soybean prices rose in the overnight market on short-covering but they resumed their decline on Thursday, falling below trendline support. March soybeans scored a new contract low. One report said the trade will be cautious until more is known about Trump policy developments (see below). On the week thus far, January soybeans are down 20.75 cents.11212024oilseeds_soybeans.png 1000.54 KBDecember soymeal is oversold and volume has declined as a result, but the decline continues with export sales today lower than expected. On the week thus far, the contract has lost a modest $1.90/ST. 11212024oilseed...

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feed-grains soy-oilseeds wheat

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Senate Minority Leader Chuck Schumer (D-N.Y.) is currently seeking co-sponsors for a bill he will introduce as early as Thursday of this week, the Family Grocer and Farmer Relief Act. The plan promises to “break up dominant meatpackers, rein in foreign-controlled corporate giants, and use...

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feed-grains soy-oilseeds wheat

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Schumer Planning a Bill to Force Divestiture in Meat Industry

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close.  May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close.  May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close.  May 26 Soymeal closed at $314.7/short ton, up $1.8 from...

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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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