World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Neutral to Bullish

THE OPEN November beans:  6 3/4 higher December meal:  3.00 higher December soyoil:  69 higher December corn:  4 1/2 higher December wheat:  6 1/4 higher The markets opened as called with buying from the opening bell.  Grains had a more cautious trade, while soyoil futures had a better rally being down the most into the report.  There were no sales announcements this AM, yet funds continued to buy the market from the open in expectation of a bullish report.  Traders expected to see a volatile reaction to the report.  Technical strength continued into report time.  At 11:00 here is what the USDA had to say: U.S. PRODUCTION (Million Bushels) 2020-21          ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Cattle on Feed Report

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feed-grains soy-oilseeds wheat

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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

Summary of Futures

Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

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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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