Markets were mixed to slightly lower early in last night’s session, but they were trading steady to higher at the opening this morning. Corn traded higher throughout the day on average volume and might have been following the small rally elsewhere. General Comments Markets were mixed to slightly lower early in last night’s session, but they were trading steady to higher at the opening this morning. Wheat and corn led the way today, although the soy complex wasn’t far behind. Trading volume was light.Outside markets ended the week equally quiet, and U.S. equity markets traded back and forth without much conviction either way. The result of the constitutional referendum in Italy this weekend could influence markets early next week, especial...
Accountability and a comprehensive approach to export programming
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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...