World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Downside profit-taking

SPREADS July crush trades down to 83c/bu while oilshare trades at 41.58%.  Spreads are weaker with deliveries, with May/July beans trading to an inverse of 32c from 40 3/4c, and July/Nov trading down to 1.79c from 1.84 1/4c.  July/Dec meal trades from $22.60 down to $20.70 inverse.  July/Dec corn inverse remains firm trading from 1.02c to 1.04 3/4c, after posting a 1.09c high this week.  May/July corn trades down to 50c inverse from 54 1/4c.  May /July wheat trades from 11 1/2c inverse to 8 1/2c.  July wheat/corn trades from 81 1/2c down to 73 3/4c. PALM OIL July palm oil down 67 ringgits ending at 3,869 on fears of lower demand from India due to covid-19.   NEWS Stocks are down 137 pts with crud...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.48/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.1525/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.7125/bushel, up $0.195 from yesterday's close.  Jul 25 Soymeal closed at $298.1/short ton, up $4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Market Movers Galore Move Markets

A tariff truce, export inspections, WASDE and crop progress. Monday was action packed and the much-anticipated USDA May WASDE report did not disappoint. In general, it was mixed for corn, bullish for soybeans, and bearish for wheat. In fact, all three major wheat contracts registered new contra...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn   Argentina’s corn harvest continues to progress slowly, not only because the focus remains on soybeans — with more than 21 percent harvested in just one week — but also due to rains recorded in several areas. To date, 34 percent of the estimated corn area has b...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.48/bushel, down $0.0175 from yesterday's close.  Jul 25 Wheat closed at $5.1525/bushel, down $0.065 from yesterday's close.  Jul 25 Soybeans closed at $10.7125/bushel, up $0.195 from yesterday's close.  Jul 25 Soymeal closed at $298.1/short ton, up $4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Market Movers Galore Move Markets

A tariff truce, export inspections, WASDE and crop progress. Monday was action packed and the much-anticipated USDA May WASDE report did not disappoint. In general, it was mixed for corn, bullish for soybeans, and bearish for wheat. In fact, all three major wheat contracts registered new contra...

feed-grains soy-oilseeds

Mercosur Regional Analysis

Corn   Argentina’s corn harvest continues to progress slowly, not only because the focus remains on soybeans — with more than 21 percent harvested in just one week — but also due to rains recorded in several areas. To date, 34 percent of the estimated corn area has b...

U.S. and China Agree to Cut Tariffs for 90 Days and Continue Negotiating

After weeks of Chinese denials that they were engaged in talks with the U.S on tariffs, the governments of the United States and the People’s Republic of China issued a joint statement this morning saying that they would rescind reciprocal tariffs for the coming 90 days. It included: ...

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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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