World Perspectives
feed-grains

PM Post - Buy Grains/Sell Soy

THE OPEN November beans: 2 lower December meal:  1.60 higher December soyoil: 12 lower December corn:  6 higher December wheat:  12 higher The markets opened as called with corn prices rebounding along with strong wheat.  Buy grains/sell soy and a small adjustment in oilshare were the features of the morning.  Ultimately the lack of export sales announcements and fund selling broke the bean market lower, taking soyoil along with it.  China is now on holiday for Golden Week celebrations though October 7th, which may leave volumes open to fund flows. SOY Funds came out selling a small bean rally this AM given the newest USDA numbers, lack of export announcements, reported good yields, and technical char...

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livestock

Cattle on Feed for Nov 1, 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.7 million head on November 1, 2025. The inventory was 2 percent below November 1, 2024.  Placements in feedlots during October totaled 2.04 million head, 10 percent below 2024.  Marketings of fed cattle dur...

feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.235/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.3925/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, up $0.015 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $2.1 fr...

livestock

Cattle on Feed for Nov 1, 2025

U.S. Cattle on Feed in feedlots with capacity of 1,000 or more head totaled 11.7 million head on November 1, 2025. The inventory was 2 percent below November 1, 2024.  Placements in feedlots during October totaled 2.04 million head, 10 percent below 2024.  Marketings of fed cattle dur...

feed-grains soy-oilseeds wheat

Market Commentary: Taking Back Yesterday’s Losses

The CBOT was mostly higher on Tuesday with rumors of Chinese soybean buying and strong performance in equity markets boosting trader sentiment. Tuesday’s trade seemed to reflect the typical pre-Thanksgiving glide into low-volume, low-volatility trade that often dominates the day before an...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.235/bushel, down $0.0025 from yesterday's close.  Mar 26 Wheat closed at $5.3925/bushel, up $0.045 from yesterday's close.  Jan 26 Soybeans closed at $11.2475/bushel, up $0.015 from yesterday's close.  Jan 26 Soymeal closed at $320.4/short ton, up $2.1 fr...

livestock

Cattle on Feed Report Shows Record Low Placements for October

USDA’s monthly Cattle on Feed report was released on Friday. Total cattle on feed amounted to 11.7 million head, 98 percent of last year.    Placements were the lowest for the month of October since the series began in 1996, dropping 10 percent on the year due to tight supply o...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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