World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Erase Part of Yesterday

As forewarned in yesterday’s commentary, “if there is an extension of the corridor agreement, expect U.S. wheat to tumble hard and fast.” The missile that hit Poland turned out to possibly be an errant output of Ukrainian air defense. Plus, Russian Deputy Foreign Minister Sergei Vershinin told Izvestia that Moscow wants no disruption to global food security efforts, indicating the grain corridor agreement would be extended.  Grains and oilseeds were in the red overnight. The Russians acknowledged “certain progress” toward their demands for a deal, and the UN said there are reasons to be “cautiously optimistic.” That was all enough to sink wheat but overall, this remains a sideways market. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soybeans Fall on Planting Progress, Weather; NOPA Report Sinks Soyoil

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Fed Cattle Near Term Supply and Demand

Fed cattle prices remain at record levels, but the market has been bearish with dropping futures and a weak cash market; prices dropped last week about $2 live and $4 dressed.  In the first four months of last year, cattle prices climbed steadily and hit their highest level in April, dropp...

feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soybeans Fall on Planting Progress, Weather; NOPA Report Sinks Soyoil

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Fed Cattle Near Term Supply and Demand

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softs

An Era up in Smoke

British Prime Minister Rishi Sunak has proposed that anyone turning 15 years of age or younger in 2024 will be banned forever from purchasing cigarettes. Eash year, the age restriction will be raised by one year. The bill also makes vapes less appealing. The goal is to start the first generatio...

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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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