World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Black Sea market is slightly firmer. The Russian 12.5 pro is offered at $200/MT FOB, which is about $2/MT higher than last Monday despite the weaker ruble. The EU exported 157,000 MT last week, bringing the cumulated total to 12.6 MMT versus 15.3 MMT at the same time last year. Last week the Egyptian GASC bought 240,000 MT of Russian wheat and 120,000 MT of Romanian at an average price of $222.17/MT CNF or about $2 /MT more than in the previous tender. The Romanian wheat is competitive again due to the rising price of Russian wheat and the firmer USD. Indonesia bought 50,000 KMT of Russian 11.5 pro wheat for March shipment at $225/MT CNF, which is equivalent to $195/MT FOB. The market in Romania and Bulgaria is slight...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed the effects of USDA’s bearish January WADSE as managed money traders expanded short positions across the ag space for the fourth straight week. Funds shed 99,000 contracts from their all-ags position last week, with selling in corn accounting for 77,000 c...

feed-grains soy-oilseeds wheat

Market Commentary: Some Rebound from WASDE Lows

By today’s close, losses in soybeans and wheat were down to fractions but corn could not fight its way back from USDA’s surprise bigger supply numbers in Monday’s WASDE. Volumes were generally light on this last day of trading ahead of Monday’s MLK holiday. Only the catt...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2475/bushel, up $0.045 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.5775/bushel, up $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $290/short ton, up $0.8 from ye...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed the effects of USDA’s bearish January WADSE as managed money traders expanded short positions across the ag space for the fourth straight week. Funds shed 99,000 contracts from their all-ags position last week, with selling in corn accounting for 77,000 c...

feed-grains soy-oilseeds wheat

Market Commentary: Some Rebound from WASDE Lows

By today’s close, losses in soybeans and wheat were down to fractions but corn could not fight its way back from USDA’s surprise bigger supply numbers in Monday’s WASDE. Volumes were generally light on this last day of trading ahead of Monday’s MLK holiday. Only the catt...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2475/bushel, up $0.045 from yesterday's close.  Mar 26 Wheat closed at $5.18/bushel, up $0.075 from yesterday's close.  Mar 26 Soybeans closed at $10.5775/bushel, up $0.0475 from yesterday's close.  Mar 26 Soymeal closed at $290/short ton, up $0.8 from ye...

feed-grains soy-oilseeds wheat

Market Commentary: Volatility Continues with Corn Less Supported than Soybeans

The market continues to look for a floor following Monday’s WASDE report, with soybeans and soyoil finding terra firma on a bullish NOPA report that showed crush at a near-record level. Volume was generally subdued but skyrocketed in soyoil as traders sought to get a piece of the rising a...

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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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