World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn It’s been an interesting week for the corn market with significant volumes traded. Almost every exporter has been pushing for grain, paying up following the CBOT’s rally, and prices have increased $6-7/MT this week.   Exporters have already purchased about 37.5 MMT in the local market and are getting close to the government’s estimate of a 38.5-MMT export surplus. With the actual purchase pace, exporters will cover the quota in just a few weeks. WPI estimates the purchases will continue for a month, considering exporters generally buy more volume than the estimated export surplus. Local consumers are not making any noise, so if the supply and demand remains healthy, the government, in need of fresh dollars...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on ADM Delivery Receipt Cancellation; Soy Complex Under Pressure

The CBOT was mixed to end the week with wheat surging to new highs and helping put a bid under corn futures as well. The soy complex was weaker due to soyoil, which was pulled lower after Malaysian palm oil futures posted a huge reversal Thursday.  The biggest reason for the KCBT rally was...

feed-grains wheat soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 21 Corn closed at $5.38/bushel, up $0.0575 from yesterday's close.  Dec 21 Wheat closed at $7.56/bushel, up $0.1475 from yesterday's close.  Nov 21 Soybeans closed at $12.205/bushel, down $0.035 from yesterday's close.  Dec 21 Soymeal closed at $327.4/short ton, up $3.4 from...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on ADM Delivery Receipt Cancellation; Soy Complex Under Pressure

The CBOT was mixed to end the week with wheat surging to new highs and helping put a bid under corn futures as well. The soy complex was weaker due to soyoil, which was pulled lower after Malaysian palm oil futures posted a huge reversal Thursday.  The biggest reason for the KCBT rally was...

feed-grains wheat soy-oilseeds

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 21 Corn closed at $5.38/bushel, up $0.0575 from yesterday's close.  Dec 21 Wheat closed at $7.56/bushel, up $0.1475 from yesterday's close.  Nov 21 Soybeans closed at $12.205/bushel, down $0.035 from yesterday's close.  Dec 21 Soymeal closed at $327.4/short ton, up $3.4 from...

livestock

Shifting Protein Consumption

By far, Americans consume more animal protein than either China or the EU, but the composition is different. The Chinese and Europeans consume more pork per capita than the U.S., while Americans eat more beef and poultry. However, the composition of animal protein in the diet has changed in bo...

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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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