World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Bull Spreading and Short-Covering

THE OPEN Nov beans: 32 lower Dec meal:  5.50 lower Dec soyoil:  140 pts lower Dec corn:  21 1/2 lower Dec wheat:  14 1/2 lower Prices opened on a weaker note with more profit-taking in oilshare which put a floor under meal to start the day.  However, on a push into mid-session soyoil prices rallied sharply from their lows pushing oilshare up and meal prices down.  Bull-spreads strengthened as well on the announcement of new business vs. the more beneficial growing season given weekend rains.  Early sellers at the open were caught by the market's strength into midday, which created more short-covering and further strength.  At 10:00 export inspections were released as follows: beans: 175,359 mt...

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FOB Prices and Freight Rates App (Updated 17 December)

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feed-grains soy-oilseeds wheat

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Each year, the Chinese zodiac calendar features one animal to mark and typify the coming 365 days. If that process were applied to CBOT trade, Tuesday would have been the “day of the bear”, with all major grain markets ending in the red. The only specific trigger was the bearish NOP...

livestock

Livestock Industry Margins

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feed-grains soy-oilseeds wheat

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softs

Bearish Sugar Prices to Continue Despite Production Increases

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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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