News is sparse on this eve of the Christmas holiday weekend. However, no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate.Markets closed an hour early today on the eve of the Christmas holiday weekend. News is sparse, but no one really cares about that or markets today, so perhaps a Christmas wish list is appropriate. Below is mine:
A new export terminal on the west coast of Canada (Oh wait, Canada’s G3 Holding has already announced that it will build a new grain export terminal at Port Metro Vancouver, BC by 2020. G3 is the remnants of the Canadian Wheat Board in partnership with Bunge and Saudi Arabian company SALIC. See the following link for the entire story: http://www.dailymail.co.uk/wir...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...