World Perspectives
livestock softs

Positive but Slow Economic Growth with Pressure on Ag and Food

The recent Institute for Supply Management (ISM) reports indicate growth, although slow, for the economy overall. There is still considerable pressure on the ag and food sector,  indicated by the concerns about inventories noted at the food service level.The service sector economy continued to grow in August, but it did so at a slower pace. According to the Institute for Supply Management (ISM), a Non-Manufacturing Index (NMI) greater than 50 percent signifies that sector’s economy is generally expanding and one below 50 percent indicates it is generally contracting. The NMI for August was 51.4 percent, down considerably from 55.5 percent in July, although it was the 79th consecutive month of overall expansion. Along with the NMI repor...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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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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