World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn The Buenos Aires Grain Exchange lowered its forecast of Argentina’s corn harvest estimate by 2.5 MMT down to 54 MMT last week. The main reasons are the February heatwave (which affected the mid- and late-season corn), excessive rainfall, and inclement weather that caused yield losses, plant overturns, etc. The unusually high incidence and severity of Spiroplasma bacteria was also noted as a reason for the reduced output.  Many farmers are noticing that the incidence of Spiroplasma and its effects are larger than expected. Many plants appear be to healthy or nearly healthy at first glance, but the cobs are later found to be affected. Rain continues to fall steadily across Argentina, resulting in significant water accumulat...

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feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8975/bushel, up $0.055 from yesterday's close.  Mar 25 Wheat closed at $5.54/bushel, up $0 from yesterday's close.  Mar 25 Soybeans closed at $10.655/bushel, up $0.095 from yesterday's close.  Mar 25 Soymeal closed at $315.3/short ton, down $0.5 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat on Profit Taking, Tariff Talk; Cattle Hit $200 for First Time

Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...

feed-grains soy-oilseeds wheat

Market Commentary: Tick Tock on South American Weather

TikTok is still operating but the tick tock on South American will eventually run out of time. Notable developments today included a lower open, but still plenty of strength. Corn remains up about a nickel for the week, beans up more than 30-cents and while wheat dipped today, the large gains l...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.8975/bushel, up $0.055 from yesterday's close.  Mar 25 Wheat closed at $5.54/bushel, up $0 from yesterday's close.  Mar 25 Soybeans closed at $10.655/bushel, up $0.095 from yesterday's close.  Mar 25 Soymeal closed at $315.3/short ton, down $0.5 from yest...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Retreat on Profit Taking, Tariff Talk; Cattle Hit $200 for First Time

Except for soymeal and the livestock markets, the CBOT was lower on Wednesday with traders booking profits and taking a more cautious approach after the recent runup in prices. Too, rhetoric out of the White House is keeping traders guessing on the possible application of and retaliation to var...

feed-grains soy-oilseeds wheat

Summary of Futures

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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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