World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Black Sea Export Deal Sinks Wheat; Markets Brace for Wednesday Fed Meeting

The CBOT started the week with some risk-off trade after Russia and Ukraine reached a deal to extend the Black Sea export corridor agreement over the weekend. The two countries are still arguing over the details of the agreement, but the major takeaway was that Ukraine can still ship grain in relative safety. The news sent global wheat futures sharply lower for the day and initially pressured CBOT soybeans and corn futures too. Both those markets, however, rallied back from a weaker start with corn paring losses and soybeans ending the day with small gains. Trouble for the Argentine crops, despite recent rains, continues to support CBOT trade, despite the massive Brazilian crops that will be marketed this year. Amid the volatility in macroe...

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feed-grains soy-oilseeds wheat

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Thursday April 25, 2024...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Extends Weather Rally; Corn, Soybeans Steady While Eyeing Weather

Wheat remains the star of the ag commodity space this week with the rally continuing on challenging weather prospects for the U.S. HRW region, Europe, and the Black Sea. Until a few weeks ago, there were few doubts about the 2024 crop being able to supply the expected demand, but now reduced yi...

Most Apparent Solution; Future is Biotech

Most Apparent Solution The EU’s organic sector wants the bloc’s officials to take more action to ensure they achieve the target of 25 percent of agricultural output being organic by 2030. Specifically, they want a campaign to increase consumer demand for organic food so that organic...

feed-grains soy-oilseeds wheat

Summary of Futures

Thursday April 25, 2024...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Extends Weather Rally; Corn, Soybeans Steady While Eyeing Weather

Wheat remains the star of the ag commodity space this week with the rally continuing on challenging weather prospects for the U.S. HRW region, Europe, and the Black Sea. Until a few weeks ago, there were few doubts about the 2024 crop being able to supply the expected demand, but now reduced yi...

Most Apparent Solution; Future is Biotech

Most Apparent Solution The EU’s organic sector wants the bloc’s officials to take more action to ensure they achieve the target of 25 percent of agricultural output being organic by 2030. Specifically, they want a campaign to increase consumer demand for organic food so that organic...

livestock

Livestock Roundup: HPAI Developments

Yesterday, the Animal and Plant Health Inspection Service (APHIS) issued a federal order requiring testing and reporting of highly pathogenic avian influenza (HPAI) for the interstate movement of lactating dairy cattle. Specific guidance will be issued at some point today, and the order will go...

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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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