World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.805/bushel, down $0.025 from yesterday's close.  Mar 20 Wheat closed at $5.6525/bushel, down $0.015 from yesterday's close.  Mar 20 Soybeans closed at $8.9725/bushel, up $0.05 from yesterday's close.  Mar 20 Soymeal closed at $293/short ton, up $0.8 from yesterday's close.  Mar 20 Soyoil closed at 30.34 cents/lb down 0.14 cents from yesterday's close.  Apr 20 Live Cattle closed at $120.8/cwt up $0.2 from yesterday's close.  Mar 20 Feeder Cattle closed at $140.775/cwt up $1.475 from yesterday's close.  Apr 20 Lean Hogs closed at $67.575/cwt up $2.075 from yesterday's close.  Mar 20 WTI Crude Oil closed at $53.31/barrel up $1.26 from yesterday's close.   ...

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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

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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