World Perspectives
feed-grains

PM Post - Meal Drags

THE OPEN Nov beans:  5 higher Dec meal:  .50 lower Dec soyoil:  35 higher Dec corn:  1 higher Dec wheat:  1 higher The markets opened as called with further strength as traders lifted shorts in beans on the back of a continuing strong soyoil performance.  Grains were followers at first but more selling showed in wheat which turned mixed on the day. SOY The key feature in the soy complex was that of continuing higher soyoil prices and oilshare.  December meal prices dropped to a new trading range low of $318.00 as traders continue to buy soyoil/sell meal.  December oilshare trades to 49.27% with crush at 1.24c/bu.  Margins are still very good for crush.  November bean prices respond i...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Dithering Through the Holidays

There is no way to make this sexy. This is a market mostly perceived to be at equilibrium. Perceptions can be wrong but with nothing else to go on, volume declined this week and, barring some surprise, will be even lower through the holidays. There was nothing unlucky about Friday the 13th, unl...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.42/bushel, down $0.015 from yesterday's close. Mar 25 Wheat closed at $5.5225/bushel, down $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.8825/bushel, down $0.075 from yesterday's close. Jan 25 Soymeal closed at $286.2/short ton, down $3.3 f...

livestock

Near-Term Beef and Cattle Market Outlook

The recent unexpected surge in physical fed cattle prices has created significant discussion about what the beef and cattle price environment will be heading into the new year. It’s no secret that fed cattle supplies remain tight and that the pipeline is low amid the ban on feeder cattle import...

feed-grains soy-oilseeds wheat

Market Commentary: Dithering Through the Holidays

There is no way to make this sexy. This is a market mostly perceived to be at equilibrium. Perceptions can be wrong but with nothing else to go on, volume declined this week and, barring some surprise, will be even lower through the holidays. There was nothing unlucky about Friday the 13th, unl...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.42/bushel, down $0.015 from yesterday's close. Mar 25 Wheat closed at $5.5225/bushel, down $0.0625 from yesterday's close. Jan 25 Soybeans closed at $9.8825/bushel, down $0.075 from yesterday's close. Jan 25 Soymeal closed at $286.2/short ton, down $3.3 f...

livestock

Near-Term Beef and Cattle Market Outlook

The recent unexpected surge in physical fed cattle prices has created significant discussion about what the beef and cattle price environment will be heading into the new year. It’s no secret that fed cattle supplies remain tight and that the pipeline is low amid the ban on feeder cattle import...

FOB Prices and Freight Rates App (Updated 13 December)

Ocean Freight Comments - 13 December 2024By Matt HerringtonDry bulk freight markets are in the middle of the holiday-season slowdown with thin and very quiet trade characterizing what little market activity is present. The peak demand period from the North American grain harvest has now past bu...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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