World Perspectives
feed-grains

WASDE Corn

USDA forecast decreased ending stocks for U.S. corn.  U.S. corn production is estimated at 14.182 billion bushels was reduced by 324 million because of lower U.S. yield results and a slight reduction in harvested area.  On the other hand, U.S. corn use is down 250 million bushels to 14.575 billion.  U.S. corn exports are down 100 million bushels, reflecting sharply lower supplies and higher expected prices.  Corn used for ethanol and domestic feed are reduced. However, supply fell more than use and U.S. corn stocks are lowered 150 million bushels to 1.552 billion.  The season-average corn price received by producers is raised to $4.20 per bushel. Global coarse grain production for 2020/21 is forecast down. Foreign...

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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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