World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: The Bear that Ate the Corn Market

The WASDE was undeniably bearish with December corn and November soybean futures reaching new contract lows (actually, soybeans hit the low before and after the WASDE’s release), while wheat futures were down double-digits in response to the latest news. The headline numbers cratering the markets were record-breaking U.S. corn and soybean yields and month-over-month production ending stocks/use increases. Outside the U.S., across-the-board increases in world ending stocks from the August WASDE pressured markets. Wall Street is higher as of this writing with the Dow and S&P 500 indexes up fractionally and the U.S. Dollar Index up 5 points. Rumors that the U.S. and China could be resuming trade talks briefly boosted the markets...

WPI on Twitter

WPI POLL

Which of the following is most correct?

Related Articles
wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 5-9 November 2018 Milling wheat export prices were stable at an average $228/MT FOB Black Sea, and purchase prices at seaports grew in RUB expression but dropped in USD expression to $196-197/MT CPT-Black Sea port. The average feed barley export and purchase prices rose t...

feed-grains soy-oilseeds wheat

Market Commentary

Yesterday commodity markets were dominated by NYMEX crude oil’s precipitous decline, but today that market stabilized and actually closed a little higher to end its 12-day losing streak. This allowed other commodities to return to their own specifics. Unfortunately for the grain and soy f...

Transatlantic Expectations; Crop of the Future; Updated Beef Age; Variable USMCA Hearings

Transatlantic Expectations EU Trade Commissioner Cecilia Malmström is in Washington to meet with her U.S. counterpart, Robert Lighthizer, and discuss efforts to better harmonize regulations. She expressed the view that President Trump would not impose tariffs on European automobiles due to...

wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 5-9 November 2018 Milling wheat export prices were stable at an average $228/MT FOB Black Sea, and purchase prices at seaports grew in RUB expression but dropped in USD expression to $196-197/MT CPT-Black Sea port. The average feed barley export and purchase prices rose t...

feed-grains soy-oilseeds wheat

Market Commentary

Yesterday commodity markets were dominated by NYMEX crude oil’s precipitous decline, but today that market stabilized and actually closed a little higher to end its 12-day losing streak. This allowed other commodities to return to their own specifics. Unfortunately for the grain and soy f...

Transatlantic Expectations; Crop of the Future; Updated Beef Age; Variable USMCA Hearings

Transatlantic Expectations EU Trade Commissioner Cecilia Malmström is in Washington to meet with her U.S. counterpart, Robert Lighthizer, and discuss efforts to better harmonize regulations. She expressed the view that President Trump would not impose tariffs on European automobiles due to...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 18 Corn closed at $3.67/bushel, up $0.005 from yesterday's close.  Dec 18 Wheat closed at $5.03/bushel, down $0.0475 from yesterday's close.  Jan 19 Soybeans closed at $8.835/bushel, up $0.0525 from yesterday's close.  Dec 18 Soymeal closed at $305.7/short ton, up $1.8 from y...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up