World Perspectives
feed-grains

PM Post - Buy Wheat, Sell Corn

THE OPEN November beans:  3 lower December meal:  1.30 lower December soyoil: 25 higher December corn: 2 lower December wheat:  3 lower The markets were called to open higher but funds came out as sellers.  Funds continue to adjust positions heading into the October 12 WASDE report.  Technicals broadens the range to the downside for corn as funds are seeming to liquidate current length.  Today is day 2 of the Goldman roll, which is pressuring bean spreads. World that an agreement had been reached to extend the government's borrowing authority into December sent stocks higher with a quick recovery in crude, which underpinned soyoil pieces and oilshare.   SOY The soy complex was called higher b...

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feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

The CBOT was essentially all red on Wednesday with traders finding little support from either the fundamental or technical components of commodity price analysis. Wheat was the downside leader for the day as a strong dollar, improving conditions in the Plains, and increasingly tepid exports fro...

softs

USA Gone Nuts

While oilseeds receive much of the attention, tree nuts, which are technically a seed and containing oil, have gone even more gangbusters for U.S. producers in recent years. Almonds have received much of the focus as the U.S. produces nearly 80 percent of the crop and a comparable share of the...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.265/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.41/bushel, down $0.1125 from yesterday's close. Jan 25 Soybeans closed at $10.0775/bushel, down $0.0275 from yesterday's close. Dec 24 Soymeal closed at $291.6/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Market Commentary: Bearish Beat Goes On

The CBOT was essentially all red on Wednesday with traders finding little support from either the fundamental or technical components of commodity price analysis. Wheat was the downside leader for the day as a strong dollar, improving conditions in the Plains, and increasingly tepid exports fro...

softs

USA Gone Nuts

While oilseeds receive much of the attention, tree nuts, which are technically a seed and containing oil, have gone even more gangbusters for U.S. producers in recent years. Almonds have received much of the focus as the U.S. produces nearly 80 percent of the crop and a comparable share of the...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.265/bushel, down $0.02 from yesterday's close. Dec 24 Wheat closed at $5.41/bushel, down $0.1125 from yesterday's close. Jan 25 Soybeans closed at $10.0775/bushel, down $0.0275 from yesterday's close. Dec 24 Soymeal closed at $291.6/short ton, down $1.3 f...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 4 – 8 November 2024We have heard the voices from various sources forecasting a new grain crop in Russia and most of them differ in numbers. We will have to deal with terminology like bunker weight (straight from the combine) and standard weight (cleaned and dried accepted...

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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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