World Perspectives
feed-grains soy-oilseeds wheat

PM Post - No New Tops; Wider Ranges

THE OPEN Nov. beans:  8 higher Dec meal: steady Dec soyoil:  4 higher Dec corn: 2 1/2 higher Dec wheat:  4 higher Prices opened as expected with a bit of profit-taking to start the day.    Traders digested the report which leaves them still waiting to hear more chatter about the crop in front of 1. the Pro Farmer crop tour and 2. the fact that harvest is ahead of us.    Intermarket spreading was a key feature, with more buying of oilshare early on and buy bean/sell corn.   At 10:00 export inspections were as follows: beans:  277,637 mt vs. 114,718 mt week ago wheat:  440,567 mt vs. 653,965 mt week ago corn:  754,929 mt vs. 744,934 mt week ago'' Inspections were neutral f...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn planting advanced 5 percentage points last week, reaching 29.9 percent of the projected national area. However, excess moisture continues to hinder fieldwork in central and western Buenos Aires provinces. As a result, early planting will likely fall short of in...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  German and central European cattle values are starting to decline after their recent, multi-year rally. Slaughter cow values declined this week as producers started to cull herds following seasonal patterns. Slaughter steers and heifer prices, however, were stable as supplie...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn planting advanced 5 percentage points last week, reaching 29.9 percent of the projected national area. However, excess moisture continues to hinder fieldwork in central and western Buenos Aires provinces. As a result, early planting will likely fall short of in...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  German and central European cattle values are starting to decline after their recent, multi-year rally. Slaughter cow values declined this week as producers started to cull herds following seasonal patterns. Slaughter steers and heifer prices, however, were stable as supplie...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

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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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