World Perspectives
wheat soy-oilseeds feed-grains

Closing Bell Wrap-Up: Wheat Ignores Bullish Story

Ag markets and the U.S. energy/equity complex were all lower today with a fresh round of geopolitical concerns and no further clarification on the U.S.-China “trade deal”. Fresh news was scarce today with a few tenders being reports and new wheat/canola stats from Canada. Canada raised its wheat production estimates modestly from its September estimates, pegging the crop at 31.76 MMT. The report was slightly bearish wheat while the 0.7 MMT reduction in canola production was bullish that crop.  Wall Street, adopting the Christmas spirit, quickly adorned itself in red (forgetting that Christmas colors are red and green) this morning and never looked back. The arrest of a Chinese tech company executive in Canada on behalf of...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 19 Corn closed at $3.7475/bushel, up $0 from yesterday's close.  Mar 19 Wheat closed at $5.0425/bushel, down $0.0275 from yesterday's close.  Mar 19 Soybeans closed at $9.075/bushel, up $0.04 from yesterday's close.  Mar 19 Soymeal closed at $306.5/short ton, up $1 from yeste...

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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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