World Perspectives
soy-oilseeds feed-grains

China In-Country Analysis

Oilseeds Soymeal Inventory Reaches 20-Week High With market data limited last week due to the New Year holiday, there was a lag in reporting. During the two-week information hiatus, China’s estimated soymeal inventory rose to a 20-week high of 1.23 MMT as of 4 January 2019. That was up 280,400 MT (+29.5 percent) from 21 December and 307,000 MT (+33.2 percent) higher than the total for the first week of 2018. As in November and December, the recent increase was not the result of an across-the-board surge in soymeal inventories at the regional level. For example, after trending down most of December, meal stocks in Shandong more than doubled in the past two weeks, jumping 77,900 MT (+129 percent). Similarly, Fujian, Guangdong, and Gua...

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feed-grains soy-oilseeds wheat

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May 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close.  Jul 24 Wheat closed at $5.53/bushel, up $0.0075 from yesterday's close.  May 24 Soybeans closed at $11.3425/bushel, down $0.1525 from yesterday's close.  May 24 Soymeal closed at $338/short ton, down $0.7...

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Livestock Roundup: Cattle on Feed Preview

USDA will release its Cattle on Feed report tomorrow; the consensus pre-report analysts’ estimate is for the inventory of cattle on feed as of 1 April to be 102 percent of last year; this would be the seventh consecutive month that inventories were equal to or larger than the previous yea...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall while Oilseeds Gain; Oil Falls on U.S. Stocks, Chinese Economy

The CBOT was mixed on Wednesday with wheat futures dropping amid fund selling due to a stronger U.S. dollar and easing Russian FOB offers while corn drifted lower in lackluster, low-volume trade. While the grains were on the defensive, the soy complex found some support from technically related...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close.  Jul 24 Wheat closed at $5.53/bushel, up $0.0075 from yesterday's close.  May 24 Soybeans closed at $11.3425/bushel, down $0.1525 from yesterday's close.  May 24 Soymeal closed at $338/short ton, down $0.7...

livestock

Livestock Roundup: Cattle on Feed Preview

USDA will release its Cattle on Feed report tomorrow; the consensus pre-report analysts’ estimate is for the inventory of cattle on feed as of 1 April to be 102 percent of last year; this would be the seventh consecutive month that inventories were equal to or larger than the previous yea...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fall while Oilseeds Gain; Oil Falls on U.S. Stocks, Chinese Economy

The CBOT was mixed on Wednesday with wheat futures dropping amid fund selling due to a stronger U.S. dollar and easing Russian FOB offers while corn drifted lower in lackluster, low-volume trade. While the grains were on the defensive, the soy complex found some support from technically related...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.3025/bushel, down $0.0075 from yesterday's close.  May 24 Wheat closed at $5.37/bushel, down $0.1275 from yesterday's close.  May 24 Soybeans closed at $11.495/bushel, up $0.045 from yesterday's close.  May 24 Soymeal closed at $338.7/short ton, up $3.4 f...

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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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