World Perspectives
feed-grains soy-oilseeds wheat

The Pervasive Bearish Attitude

The world is still super bearish regarding nearly everything related to commodities with many now creating more reasons why prices will never go back up. They have lost all objectivity.It's no surprise that the world is still super bearish regarding nearly everything related to commodities. That would include energy, both industrial and agricultural. Just how entrenched that bearishness has become was re-enforced over the past few days. Talking heads on today's financial networks were saying we'd never see $100 crude oil prices again. How could that world change so dramatically in less than a year? I was speaking to a group of foreign wheat buyers last Friday, and their questions were almost just as negative. In fact, there are typically no...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.035 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, down $0.045 from yesterday's close.  Nov 25 Soybeans closed at $10.3075/bushel, down $0.01 from yesterday's close.  Dec 25 Soymeal closed at $286.9/short ton, up $1.9...

feed-grains soy-oilseeds wheat

Market Commentary: Ag Markets Fall as Political Winds Swirl

The CBOT was mostly red on Tuesday with a combination of technical factors and a policy position reversal from the American Petroleum Institute weighing on markets. The API sent a letter to congress saying it reversed its earlier support for year-round sales of E15 fuel and said the government...

feed-grains soy-oilseeds wheat

Export Inspections: Corn and Wheat Up, Soybeans and Sorghum Down

The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is repor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

16 October was World Bread Day, just in case you missed it. The European Commodity Exchange held in Berlin Germany last week was well attended with over 4,000 people registered. There were many attendees from Turkey, Egypt, and across North Africa, fewer from Africa and the Middle East but stil...

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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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