World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.595/bushel, up $0.01 from yesterday's close. Mar 25 Wheat closed at $5.4575/bushel, down $0.0575 from yesterday's close. Mar 25 Soybeans closed at $10.12/bushel, up $0.015 from yesterday's close. Mar 25 Soymeal closed at $319.9/short ton, up $3 from yesterday's close. Mar 25 Soyoil closed at 40.27 cents/lb down 0.09 cents from yesterday's close. Feb 25 Live Cattle closed at $193.6/cwt up $2 from yesterday's close. Mar 25 Feeder Cattle closed at $266.2/cwt up $3.225 from yesterday's close. Feb 25 Lean Hogs closed at $81.15/cwt down $0.15 from yesterday's close. Feb 25 WTI Crude Oil closed at $73.16/barrel up $1.44 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.28/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.13/bushel, up $0.0925 from yesterday's close.  Nov 25 Soybeans closed at $10.4475/bushel, up $0.1 from yesterday's close.  Dec 25 Soymeal closed at $292.3/short ton, up $2.3 from yeste...

livestock

Livestock Roundup: Cattle on Feed Analysts’ Guesses

USDA’s monthly Cattle on Feed report would normally be released tomorrow. It is suspended however due to the government shutdown. The question is whether the report will be published. What we have is history to look back on. During previous shutdowns in 2013 the report was published at th...

feed-grains soy-oilseeds wheat

What Are Funds Doing Now? Forecasting the Missing CFTC Data

One of the key data points the ag (and broader) commodity markets are used to getting from the now-shuttered federal government is the weekly CFTC report, which shows how funds and commercials are positioned in the markets. The data is highly useful for myriad applications, and the current lack...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.28/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.13/bushel, up $0.0925 from yesterday's close.  Nov 25 Soybeans closed at $10.4475/bushel, up $0.1 from yesterday's close.  Dec 25 Soymeal closed at $292.3/short ton, up $2.3 from yeste...

livestock

Livestock Roundup: Cattle on Feed Analysts’ Guesses

USDA’s monthly Cattle on Feed report would normally be released tomorrow. It is suspended however due to the government shutdown. The question is whether the report will be published. What we have is history to look back on. During previous shutdowns in 2013 the report was published at th...

feed-grains soy-oilseeds wheat

What Are Funds Doing Now? Forecasting the Missing CFTC Data

One of the key data points the ag (and broader) commodity markets are used to getting from the now-shuttered federal government is the weekly CFTC report, which shows how funds and commercials are positioned in the markets. The data is highly useful for myriad applications, and the current lack...

feed-grains soy-oilseeds wheat

Market Commentary: Playing Chess and Chicken; Trump Post Triggers Cattle Crash

U.S.-China relations continue to dominate headlines with a midday report from Reuters indicating that the Trump administration is looking to curb an array of software powered exports to China. The products could include items from laptops to jet engines, and the administration is considering ma...

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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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