World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Generally Firm

SPREADS May crush trades to 63c/bu while oilshare trades to 38.0%, new market highs. Domestic basis has been strengthening, with inverses finding support at market lows.  July/Dec corn inverse trades back to 49 3/4c from 45 1/2c, while May/July trades from 10 1/4c to 11 1/4c.  May/July wheat trades from 11 1/4c inverse to 10c.  July/Nov beans trades from 1.62c up to 1.67 1/2c, while May/July trades from 17 1/2c down to 15c.  July/Dec meal weakens to $34.20 inverse from $35.70.    PALM OIL May palm oil up 10 ringgits at 3,741 ringgit/mt. NEWS The stock market trades 255 pts higher with crude oil prices well bid, trading to new highs at $65.77/barrel.  The US dollar firms to 92.19, which is more negativ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

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Supreme Court to Hear Tariff Case Tomorrow

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Inspiring Change; Transactional Ag; USMCA Attack

Inspiring Change U.S. President Donald Trump’s assault on NATO was unpleasant, especially for Europe. Yet the result was European capitals finally agreeing to boost their own financial commitment to the pact instead of continuing to free ride on U.S. taxpayers. Now the same inspiration fo...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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