World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Bull Markets Often Have Breaks

THE OPEN March beans:  3 higher March meal:  .40 lower March soyoil:  45 higher March corn:  2 1/2 higher March wheat:  8 3/4 higher The markets opened as called with profit-taking in wheat and other spreads, namely long wheat against short corn and bean positions.  Soyoil continued a firm trade vs. meal.  A more severe break in wheat into the midday hour created pressure elsewhere on the board.  The large break in wheat was not due to any fundamental change, but rather a technical chart adjustment.   In an article from Dr. Cordonnier, it was noted that the Mato Grosso Institute of Agricultural Economics, (IMEA), reported that farmers in Brazil's major bean producing state had sold 99...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Once again, the major finding of Friday’s CFTC report is that funds still remain solidly bullish corn and added another 7 percent to their long position in that market. That was particularly impressive as the week ending 19 November (the reporting deadline for the CFTC report) included days wit...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inve...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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