World Perspectives
feed-grains soy-oilseeds biofuel

China In-Country Analysis

Oilseeds Soymeal Inventory Climbs for Fifth Straight Week With feed demand continuing to soften as more previously unidentified African swine fever (ASF) cases come to light, soybean inventories rose again to reach 924,700 MT as of 5 July 2019. That was 29,700 MT (+3.3 percent) higher than the previous week but down 347,400 MT (-27.3 percent) versus the first week of July 2018. Regionally, trends were quite mixed with inventories ticking up in three regions and declining in four. The most significant decreases on a percentage basis occurred in Fujian and Guangdong with drops of 14,500 MT (-34.9 percent) to 27,000 MT and 15,700 MT (-30.7 percent) to 35,500 MT, respectively. The largest gain in relative terms was the 22,400 MT (+18.7 percen...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, down $0.035 from yesterday's close.  Jul 25 Wheat closed at $5.425/bushel, down $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.6025/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $296.2/short ton, down $2...

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