World Perspectives
feed-grains soy-oilseeds

Weather and Markets

Earlier this week, we were asked why grain and soy futures markets do not seem to be taking the lack of rainfall and resulting dryness in portions of Brazil and Argentina very seriously, especially with typical La Nina weather conditions likely to acerbate the situation in the weeks ahead. Our reply was that they do not see a measurable problem – at least not yet. That is an overly simple answer to a question about a very complex situation, but it did prompt us to think about the current state of play regarding South American weather. There are some things that should be considered in a discussion of markets, the current weather situation in Brazil and Argentina, and the potential impact from La Nina. Among them are the following:...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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