Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end on Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. THE OPEN
Nov beans: 1 3/4 lower Dec meal: .70 lower Dec soyoil: 3 higher Dec corn: 1/2 lower Dec wheat: 2 1/2 lower
The markets opened as called but turned lower as China confirmed that soybeans would not be on the list of products for which tariffs were rolled back. Funds came out at the open selling back what they had purchased yesterday, but setbacks were supported at lower levels as further congestive price action takes place. Buy soyoil/sell...
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...
