World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Short-covering

THE OPEN March beans:  1/2 lower March meal:  1.40 lower March soyoil:  19 higher March corn:  1/4 higher March wheat:  4 higher Prices opened as called with short-covering an opening feature of trade, which was followed by two-sided trade.   Funds are going into the long weekend long an estimated 40K wheat, short 60K beans, and short 80K corn.  Traders will be watching South American harvest, signs of Chinese Ag purchases, and the numbers at next week's Outlook Forum on the 20th.   SOY The soy complex featured choppy price action with a stronger soyoil vs. meal market at first, followed by lower price action for beans and products.    Open interest in beans and meal inc...

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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

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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