World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Technical Day Turns Negative

THE OPEN Jan beans: 2 higher Dec meal:  .10 higher Dec soyoil:  28 higher Dec corn:  2 1/2 lower Dec wheat:  1 1/4 lower The market opened as expected but funds turned sellers as trade talks turned more pessimistic.   Corn once again became the sell leg of spreads even though prices are now more competitive.  Today was a technical day of trade as soyoil buyers cushioned breaks pushing oilshare to higher levels.   The latest trade negotiation story was that US Sec. Ross granted some approvals to exempt China's Huawei blacklist, and stated that the approvals were part of the June 29th meeting between Trump and Xi.  Later in the session, sources from Reuters close to the White House said...

WPI on Twitter

WPI POLL

All I want for Christmas is?

Related Articles

Impeachment Progressing, Slowing Other Action

House Speaker Nancy Pelosi (D-California) directed Congressional Committee chairmen yesterday to begin drafting articles of impeachment against President Trump. A vote on impeachment could come before the end of the year and the proceedings continue to suck energy and momentum out of other key...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened on a higher note after overnight news of Chinese removal of some tariffs on U.S. ag products. Soyoil jumped to sharp gains early, which helped boost soybeans as well. Grain trade was under the influence of buy soybeans/sell corn/wheat trade which capped rallies in the latter con...

¡Aguas! USMCA; All I Want for Christmas

¡Aguas! USMCA The Mexicans are becoming frustrated with the varying demands from Washington for changes to the USMCA before Congressional Democrats will move the agreement forward. Some are aggressive, such as American inspections of Mexican plants and rejecting products at the border. So...

Impeachment Progressing, Slowing Other Action

House Speaker Nancy Pelosi (D-California) directed Congressional Committee chairmen yesterday to begin drafting articles of impeachment against President Trump. A vote on impeachment could come before the end of the year and the proceedings continue to suck energy and momentum out of other key...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened on a higher note after overnight news of Chinese removal of some tariffs on U.S. ag products. Soyoil jumped to sharp gains early, which helped boost soybeans as well. Grain trade was under the influence of buy soybeans/sell corn/wheat trade which capped rallies in the latter con...

¡Aguas! USMCA; All I Want for Christmas

¡Aguas! USMCA The Mexicans are becoming frustrated with the varying demands from Washington for changes to the USMCA before Congressional Democrats will move the agreement forward. Some are aggressive, such as American inspections of Mexican plants and rejecting products at the border. So...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.7675/bushel, up $0 from yesterday's close.  Mar 20 Wheat closed at $5.245/bushel, up $0.0075 from yesterday's close.  Jan 20 Soybeans closed at $8.895/bushel, up $0.0525 from yesterday's close.  Jan 20 Soymeal closed at $299.3/short ton, down $2.2 from ye...

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