World Perspectives
feed-grains soy-oilseeds

The La Nina Dance

After one of the strongest El Ninos on record was officially declared over last June, the CPC issued a La Nina watch. That was then cancelled in early September when the surface water temperatures did not cool sufficiently. However, there has now been another change. Over the last 20 years or so, weather forecasters have tried hard to establish the process of meteorology and their work as a scientific endeavor as a way of enhancing credibility and respectability. The advent of highly-refined weather modeling has no doubt helped that effort. While staying away from any debate about the scientific nature of predicting future weather conditions, it should be noted that science is everchanging and not absolute. In this regard, weather forecasti...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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