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feed-grains soy-oilseeds wheat

Questions and Comments

Having been without significant scheduled data from USDA since 11 December because of the “lapse of funding” (as USDA politely puts it), it is easy to understand why the reports to be released tomorrow will command so much attention from markets and market analysts. As a reminder, these will include 1 December quarterly stocks, final yield and production estimates for U.S. corn and soybeans, and estimated planted acreage for U.S. winter wheat. As interesting as those numbers may be, most will probably focus on the February WASDE with USDA’s updated estimates of Southern Hemisphere crop production as well as fresh U.S. and world supply/demand estimates. Below are a number of questions that the reports will hopefully answer...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 19 Corn closed at $3.7475/bushel, up $0 from yesterday's close.  Mar 19 Wheat closed at $5.0425/bushel, down $0.0275 from yesterday's close.  Mar 19 Soybeans closed at $9.075/bushel, up $0.04 from yesterday's close.  Mar 19 Soymeal closed at $306.5/short ton, up $1 from yeste...

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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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