World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight trading volume improved, but price movement was limited. Corn and wheat were lower, while soybeans firmed by a few cents ahead of the trading recess. Yesterday’s changes in open interest showed increases of 22,141 contracts of corn, 16,889 soybean contracts and 7,789 contracts of Chicago wheat. These appear to reflect new short selling by funds, which are amassing major short positions pretty much across the board. They remain long soyoil but are expanding short positions in everything else. We should note that these short positions are the opposite of seasonal trends that have grain and soy markets making gains during March. Losses for corn and wheat futures accelerated during the day session with both Chicago and KC May o...

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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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