World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Down for a While

SPREADS May crush is lower trading back under 1.00c/bu top lows of 96.37c/bu.  Crush trades down to 33.86%.  Corn spreads are weaker with July/Dec trading from 1/4c to 1/2c carry.  March/May wheat inverse trades from 1 3/4c down to 1/4c.  July/Nov beans narrows into 11 1/4c from 12 1/2c.  March/May meal trades out to $5.50 from $5.20.  March wheat/corn trades from 1.71c to 1.67c.   PALM OIL  April up 16 ringgits.   On Saturday, India announced that they would increase the crude palm oil import tax to 44% from the prev. 37.5% rate.  The increase appears to be aimed at boosting local oilseed production, though traders say the move may also push buyers to increase soyoil and sunflo...

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feed-grains soy-oilseeds wheat

European Market Analysis

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

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

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...

feed-grains soy-oilseeds wheat

European Market Analysis

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

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

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...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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