World Perspectives
biofuel energy softs

Round-Up: Farm Bill, Government Shutdown, Ethanol

Shutdown As both parties attempt to shift blame on the federal government shutdown, House Majority Leader Eric Cantor (R-Virginia) is considering going back to the strategy he used to get the farm bill and the nutrition-only bill through the House – craft narrowly drafted appropriations bills (like splitting the farm and nutrition bills) and pass them with Republican votes only to get to the measures before the Democratic majority-controlled Senate. That process could start this weekend and the bills would be targeted to key issues. To date, Senate Majority Leader Harry Reid (D-Nevada) has refused to appoint conferees on the continuing resolution measures sent by the House, because the various versions contain language to reform or def...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2875/bushel, down $0.015 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, down $0.01 from yesterday's close.  Mar 26 Soybeans closed at $11.1075/bushel, down $0.045 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, down $5...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.2875/bushel, down $0.015 from yesterday's close.  Mar 26 Wheat closed at $5.2875/bushel, down $0.01 from yesterday's close.  Mar 26 Soybeans closed at $11.1075/bushel, down $0.045 from yesterday's close.  Mar 26 Soymeal closed at $297.8/short ton, down $5...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

WPI recently expanded our analysis of the weekly CFTC Commitments of Traders data to include reports on the regime (trending, cyclical, or transition) of each commodity we include. This addition will make it easier for clients to draw actionable inferences from the data that can support trading...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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