World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: South American Rains Create CBOT Selling Flood

The rain in Spain falls mainly on the plain, but this week it’s falling on Argentina and causing a flood of CBOT sell orders. Corn, wheat, and the soy complex all came under heavy selling pressure to start the week as funds liquidated fresh longs that quickly became underwater. The odd thing about the selloff is that the one-week forecast features ample rain for Argentina but continued dryness for Brazil, and the two-week forecast shows signs of more dryness for both countries. So as the weather forecasts are updated, we could see this selloff reverse if dry weather returns, or extended if the rains keep coming. The day’s trade was decidedly bearish but signs of technical support were also evident. Tuesday’s trade will lik...

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feed-grains soy-oilseeds wheat

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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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