World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for December 22-28, 2023   Wheat:  Net sales of 131,600 metric tons (MT) for 2023/2024 were down 52 percent from the previous week and 79 percent from the prior 4-week average. Export shipments of 285,900 MT were down 16 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to the Philippines (67,700 MT), China (65,800 MT), Mexico (57,100 MT), South Korea (56,600 MT), and Spain (20,800 MT).  Corn:  Net sales of 367,500 MT for 2023/2024--a marketing-year low--were down 70 percent from the previous week and from the prior 4-week average. Export shipments of 681,500 MT were down 47 percent from the previous week and 33 percent from the p...

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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feed-grains soy-oilseeds wheat

Market Commentary: Black Sea Instability and Trade War Influences

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livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inve...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Once again, the major finding of Friday’s CFTC report is that funds still remain solidly bullish corn and added another 7 percent to their long position in that market. That was particularly impressive as the week ending 19 November (the reporting deadline for the CFTC report) included days wit...

feed-grains soy-oilseeds wheat

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Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inve...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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