While it is impossible to know and probably foolish to speculate, this is a good time to look at what may happen in 2017 pertinent to the global soybean sector.As it is almost the New Year, this is a good time to look at what may happen in 2017 pertinent to the global soybean sector. While it is impossible to know and probably foolish to speculate, the following are a few of the more likely events. Late-Season Weather Problems in South America By all accounts, the Brazilian soybean crop seems to be on the way to setting a record as it is clearly large in Mato Grosso and elsewhere in the central-west region. However, history has shown that rarely does the South American soybean crop end up being as big as it appears it will be at this poin...
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...
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