World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.0825/bushel, down $0.075 from yesterday's close.  Dec 24 Wheat closed at $5.8525/bushel, down $0.1375 from yesterday's close.  Nov 24 Soybeans closed at $9.96/bushel, down $0.095 from yesterday's close.  Dec 24 Soymeal closed at $315.3/short ton, up $0.2 from yesterday's close.  Dec 24 Soyoil closed at 41.9 cents/lb down 1.43 cents from yesterday's close.  Dec 24 Live Cattle closed at $187.925/cwt up $0.35 from yesterday's close.  Nov 24 Feeder Cattle closed at $249.575/cwt down $0.225 from yesterday's close.  Dec 24 Lean Hogs closed at $75.8/cwt down $1.85 from yesterday's close.  Nov 24 WTI Crude Oil closed at $73.99/barrel down $1.57 from yesterday's close.  &...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.2025/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.3125/bushel, down $0.025 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $3.4 f...

livestock

EV’s, Pork, and Trade

Last Friday China announced it would impose temporary anti-dumping duties on  pork imports from the EU.  China's commerce ministry said that the investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union&nb...

Venting Hypocrisy; Xi – Trump Meeting; Say Cheese Please

Venting Hypocrisy At a BRICS meeting this past weekend, Brazilian President Luiz Inacio Lula da Silva characterized President Trump’s use of tariffs as a tool of “blackmail.” The formal definition of blackmail involves demanding benefit from someone in exchange for not reveali...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1975/bushel, down $0.02 from yesterday's close.  Dec 25 Wheat closed at $5.2025/bushel, down $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.3125/bushel, down $0.025 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $3.4 f...

livestock

EV’s, Pork, and Trade

Last Friday China announced it would impose temporary anti-dumping duties on  pork imports from the EU.  China's commerce ministry said that the investigation has "preliminarily determined that imports of relevant pork and pig by-products originating in the European Union&nb...

Venting Hypocrisy; Xi – Trump Meeting; Say Cheese Please

Venting Hypocrisy At a BRICS meeting this past weekend, Brazilian President Luiz Inacio Lula da Silva characterized President Trump’s use of tariffs as a tool of “blackmail.” The formal definition of blackmail involves demanding benefit from someone in exchange for not reveali...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan flooding reportedly damaged as much as 30 percent of wheat stocks in some areas, especially eastern Punjab. Local wheat prices are said to be up by 40 percent with further increases expected. Trade reports say that due to...

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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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