World Perspectives
feed-grains soy-oilseeds biofuel

Soybean Market Dynamics

One might ask why the big crop/big demand year of 2016/17 is much different from 2015/16 when there was an almost record U.S. soybean crop absorbed by then record demand. Some have characterized the current soybean market as an arm wrestling match between bulls and bears.USDA reported that the 2016/17 U.S. soybean harvest was 62 percent complete as of 16 October, which is virtually at the five-year average but behind last year’s pace. This month’s WASDE solidified expectations for a record yield and production exceeding 4.2 billion bushels. A U.S. soybean crop that large is impressive to say the least, but it is no more so than USDA’s forecast that total 2016/17 demand for U.S. soybeans will reach 4.1 billion bushels. Those two numbers rath...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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