World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Pre-Holiday Run-up Continued

This trading week marked a series of reversals, and the latest trend continued for the most part today. It was generally pre-holiday lower volume for corn, wheat, and lean hogs but there was outsized volume trading in soybeans.  Some notable stats from today and the trading week include: Today’s closes above the 20-day moving average included: corn, soybeans, soymeal, soyoil, SRW, HRW, HRS, cattle and hogs. It was the first close above the 20 MA for corn in five weeks. The October lean hog contract was the biggest market gainer last week, and while wheat took over the top spot this week, hogs have been on a steady rise since 8 August. In terms of the number of trading sessions in a row with higher closes, the ho...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

Parsing Newly Resumed Macro Data

With the longest government shutdown in history now over, the flow of economic data has resumed.  Two key items of market interest are the September employment report and the August’s trade numbers. But they tell an uncertain story. especially when coupled with the Consumer Price Rep...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.255/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.3975/bushel, down $0.01 from yesterday's close.  Jan 26 Soybeans closed at $11.25/bushel, up $0.025 from yesterday's close.  Jan 26 Soymeal closed at $319.2/short ton, up $1.6 from...

Parsing Newly Resumed Macro Data

With the longest government shutdown in history now over, the flow of economic data has resumed.  Two key items of market interest are the September employment report and the August’s trade numbers. But they tell an uncertain story. especially when coupled with the Consumer Price Rep...

livestock

Despite Futures Pullback, Cow-Calf Profits Hit Records

With November and the fall calf run almost over, the U.S. beef industry now has its first truly solid estimates of the realized profitability of many cow-calf operations. Most operations wean and market calves in the fall, starting in September or early October and running through December, whi...

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From WPI Consulting

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