World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Soymeal Surges, Supports Soybeans; Corn Back Above $5.90; Cattle, Hogs Trade Lower

The CBOT largely reversed course from Monday’s trade with corn, soybeans, and soymeal all turning higher while wheat settled lower and soyoil extended its selloff. The soy complex is increasingly interesting due to the products, where soyoil is collapsing under weak technical trade and position liquidation while strong cash demand for spot soymeal is sparking an incredible rally. The December-January soymeal spread posted a six-year high this afternoon as spot soymeal supplies remain difficult to secure.  Fresh news remains limited in the world with risks increasing as Russia shows no signs of backing down from the troop build-up on the Ukrainian border. Traders are either exiting positions in advance of possible escalation in t...

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feed-grains soy-oilseeds wheat

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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...

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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...

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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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