World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy prices posted modest gains during the overnight session. They were led again by wheat, which followed up on Wednesday’s big rally. The volatile Euronext wheat futures also surged ahead, adding to yesterday’s big move. As CME day session trading resumed, however, the Euronext market turned and began a sharp retreat. Its December contract traded as high as 208.25 euros, up 5 euros from yesterday, but then turned south to a close of 201.75, down 1.50 euros. U.S. wheat futures basically followed that same higher-lower pattern today. KC December was up 8.5 cents at its high for the day but closed down 8.25 cents, and Chicago December posted an early gain of 7.75 cents before sliding back into the red to close 6.75 cents...

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Summary of Futures

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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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