World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Mixed All Over

GOOD MORNING, Prices are mixed, higher wheat and soyoil, in what appears to be trading ranges from the top.  The higher equities market seemed to be the focus of the day yesterday, robbing the ag markets of their upside trends.   Wheat futures were lower on the higher US dollar and rising freight costs, which makes US wheat uncompetitive and in need of searching for that level that sparks demand.  Today, short-covering lifts wheat from its lows as major support is tested.  Wheat is also following the Matif wheat market, which placed eight-year highs.   Wheat also finds support from lower ratings in Kansas, Oklahoma, and Texas wheat after the extreme cold weather last week.   Of note is that Rus...

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

Inspiring Change; Transactional Ag; USMCA Attack

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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