World Perspectives
soy-oilseeds

Oilseed Highlights: WASDE Affirms a Sideways Market

The Market Today’s USDA WASDE report should drive discussion, but it was mostly neutral. The 20-day moving average has begun to rise and November soybeans hit 1031 less than a week ago, lending hope for bulls that it can break 1050/bushel resistance. But the stocks-to-use ratio remains at its second highest historically, and so it will require substantially more Chinese purchases of U.S. soybeans, which are at a 90₵/bushel discount to Brazil. 

Soyoil cash basis is down as end buyers appear covered. Petroleum prices have been falling but rallied today as the EIA cites increased U.S. demand that could lift crude prices back above $80/barrel.

USDA’s Crop Progress report this week was unremarkable except that 65 percen...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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Market Commentary: Mixed Week and a Mixed Outlook

This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more definitive than planting “intentions.” The bears see a planting pace off to a quick start, the bulls see ground that in many pl...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

feed-grains soy-oilseeds wheat

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E15: What Does It Mean?

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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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