World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.875/bushel, down $0.015 from yesterday's close.  Mar 20 Wheat closed at $5.7325/bushel, up $0.0475 from yesterday's close.  Mar 20 Soybeans closed at $9.2875/bushel, down $0.135 from yesterday's close.  Mar 20 Soymeal closed at $300.1/short ton, down $1.9 from yesterday's close.  Mar 20 Soyoil closed at 33.3 cents/lb down 0.77 cents from yesterday's close.  Feb 20 Live Cattle closed at $126.6/cwt down $0.25 from yesterday's close.  Mar 20 Feeder Cattle closed at $145.175/cwt down $0.55 from yesterday's close.  Feb 20 Lean Hogs closed at $67.875/cwt up $0.2 from yesterday's close.  Feb 20 WTI Crude Oil closed at $58.05/barrel down $0.18 from yesterday's close.  &n...

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feed-grains soy-oilseeds wheat

European Market Analysis

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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

Market Commentary: Black Sea Instability and Trade War Influences

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feed-grains soy-oilseeds wheat

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Regional News Eastern Ukraine and southern Russia remain unseasonably warm and dry, though the regions received beneficial rains at the end of last week. The Balkans saw unusually heavy rainfall from the same storm system. Polish protesters are planning on blocking the border with Ukr...

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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