It appears that a large percentage of both the hard red winter and soft red winter wheat crops will have to either find a home in very long-term storage or a way into feed channelsThe Brexit surprise, which has been labeled as the worst financial shock since World War II or the biggest hype since Y2K, might have passed. Following are a few other items to consider:
The U.S. winter wheat harvest continues to push along, and there a few words to describe it with the first one being “big.” Yields are incredible in some places and excellent everywhere. The second word is “feed.” It appears that a large percentage of both the hard red winter and soft red winter wheat crops will have to either find a home in very long-term storage or a way into...
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...
