World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Market Overview The soybean market was very slow last week as it was shortened by the Easter-related holiday. It was even slower today as Monday is also a holiday in Europe with most of the freight departments, which are mainly based there, not working. A few cargoes were traded last week from Brazil to China. May traded at 115K CNF, while there was some demand for June FOB and CNF positions. The Brazilian real fell to 3.94 against the USD by the end of the week, although this did not stimulate much farmer selling. Low CME prices combined with low basis are hardly encouraging farmers to sell. Demand is mostly focused on nearby positions, leaving trading houses in a very uncomfortable position since they cannot buy positions in...

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Cattle on Feed for Dec 2025

USDA reports U.S. Cattle on Feed down 2 percent in feedlots with capacity of 1,000 or more head to total 11.7 million head on December 1, 2025.  Placements in feedlots during November totaled 1.60 million head, 11 percent below 2024.  Marketings of during November totaled 1.52 million...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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Cattle on Feed for Dec 2025

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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Beef Market Recap and Outlook

On 21 November, Tyson Foods, one of the largest beef packing companies in the United States, announced it will close its cattle slaughter facility in Lexington, Nebraska, and reduce its beef operations in Amarillo, Texas, down to a single, full-capacity shift. Based on estimated slaughter at bo...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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