World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Announcements Fuel Higher Prices

SPREADS Spreads remain strong with July/Dec up to 86 1/4c with May/July at new contract highs at 8c.  March/May beans trades to 2c inverse from 3/4c, while Jul/Nov trades from 2.02 1/2c up to 2.10c.  March/May wheat trades 2 3/4c inverse down to 1 1/2c.  March wheat/corn trades from 1.34c down to 1.27 3/4c.  March corn open interest decreased by 8,175 contracts yesterday with May corn increasing 14,297 contracts on new buying.  In contrast, March bean open interest fell 3,422 contracts with May increasing 4,707 as spreading occurs.  November bean open interest increased by 3,284 contracts. PALM OIL April crude up 119 ringgits, ending at 3,385, which is partly attributable to concerns over the slow pace of SA...

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feed-grains soy-oilseeds wheat

Market Commentary: Black Sea Instability and Trade War Influences

There were some jitters this week as Russia and Ukraine stepped up assaults ahead of what may become talks to end the conflict. Alongside concerns about a kinetic war is the uncertainty around the incoming Trump Administration’s aggressions in trade policy.It should be noted that geopolitical u...

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Black Sea Instability and Trade War Influences

There were some jitters this week as Russia and Ukraine stepped up assaults ahead of what may become talks to end the conflict. Alongside concerns about a kinetic war is the uncertainty around the incoming Trump Administration’s aggressions in trade policy.It should be noted that geopolitical u...

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...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.255/bushel, down $0.0125 from yesterday's close. Mar 25 Wheat closed at $5.6475/bushel, down $0.0475 from yesterday's close. Jan 25 Soybeans closed at $9.835/bushel, up $0.0575 from yesterday's close. Dec 24 Soymeal closed at $289.2/short ton, up $1.5 fro...

feed-grains soy-oilseeds wheat

WPI Quarterly Grain Balance Sheet Forecasts

The latest updates and model runs from WPI’s grain balance sheet and pricing forecasts show that corn and wheat are likely to see stronger-than-expected demand that should create upside potential for cash and futures markets. Conversely, soybeans are expected to see weaker demand (particularly...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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