World Perspectives
feed-grains soy-oilseeds wheat

PM Post - New Lows

THE OPEN March beans: 1 lower March meal:   .20 lower March soyoil:  35 lower March corn:   1/2 lower March wheat:  1/2 lower Futures opened lower as expected but corn turned both sides of even, as traders continued to buy corn/sell wheat and beans.  Meal put in new contract lows, and soyoil / beans traded into further weakness as well.  Prices remained pressured for much of the day except for corn, where short-covering was noted as exports pick up and funds remain net short.  SOY Futures in the soy complex opened lower with March soyoil triggering another round of sell -stops under the 200-day moving average of 3040c to trade close to the 30c benchmark.   Traders returned to...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

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

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. Once again, placements surprised to the upside compared to pre-report analysts’ consensus expectations. The total cattle on feed inventory was 11.986 million head, which was slightly above last year’s 11.956 million head. Total feedlot inve...

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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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