World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Corn, Soybeans Move to Trading Range Lows; Wheat Falls on Black Sea Rain

Ag commodity futures were almost uniformly lower on Wednesday with pressure stemming from multiple sources, including better-than-expected U.S. planting progress, a surge in the U.S. dollar, and rains forecast for the Black Sea region this week. Corn and soybeans primarily saw their weakness develop from higher-than-expected planting completion rates with no major producing states seemingly at risk for major acreage losses. Similarly, the latest weather forecasts offer solid chances for light but meaningful precipitation for the Black Sea region, which sent wheat futures lower for the day. Even the livestock markets joined the bearish chorus as hog futures fell on weaker pork markets and cattle futures dropped on technical selling and more...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday on Exports, Weather

Bears started out the week in full control of the CBOT, but their grip loosened on Thursday and bulls managed to post at turnaround in several markets. Chief among the turnaround was corn futures where an early dip below $4.00 in the December contract triggered short covering and some commercia...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...

livestock

Livestock Roundup: A Look at Cattle Herd Rebuilding

As WPI reported yesterday, the total supply of beef per capita is up this year over last based on imports and heavier slaughter weights; both are related to the pace of beef cow salughter. A bigger percent of fed cattle in the mix has resulted in heavier slaughter weights, as well as feeder cat...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Thursday on Exports, Weather

Bears started out the week in full control of the CBOT, but their grip loosened on Thursday and bulls managed to post at turnaround in several markets. Chief among the turnaround was corn futures where an early dip below $4.00 in the December contract triggered short covering and some commercia...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0675/bushel, up $0.02 from yesterday's close. Dec 24 Wheat closed at $5.895/bushel, up $0.045 from yesterday's close. Nov 24 Soybeans closed at $9.8875/bushel, up $0.0875 from yesterday's close. Dec 24 Soymeal closed at $318.1/short ton, up $4.4 from yest...

livestock

Livestock Roundup: A Look at Cattle Herd Rebuilding

As WPI reported yesterday, the total supply of beef per capita is up this year over last based on imports and heavier slaughter weights; both are related to the pace of beef cow salughter. A bigger percent of fed cattle in the mix has resulted in heavier slaughter weights, as well as feeder cat...

soy-oilseeds

Oilseed Highlights: Under Pressure but Hovering

The MarketToday’s IGC report increased the growth in global soybean carryout and thus reinforced the bearish trend in the November futures contract. There are still counterfactuals such as Brazil’s delayed planting, low moisture U.S. pods, plus wilt (Fusarium oxysporum) and Brown stem rot (Cada...

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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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