World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Upswing Side

SPREADS May crush trades to 69c/bu while oilshare trades back over 35.0% to 35.36%.  Corn spreads are slightly weaker with the July/Dec inverse trading down to 78 1/4c from 80 1/4c, while May/July trades down to new lows at 9c from 10c.  May /July wheat trades from 17 1/4c inverse down to 15 1/2c, settling in between.  July wheat/corn trades 1.11 1/4c.  July /Nov beans trades weaker down to new lows at 1.74 1/2c from 1.80 3/4c.  July/Dec meal falls to $47.50 inverse from highs of $48.80.   NEWS Stocks regain some lost ground trading 80 pts higher, with crude oil breaking to $58.59/barrel as temperatures across the Midwest see a warming trend over the weekend.  The US dollar falls to 90.17. CALLS...

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feed-grains soy-oilseeds wheat

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

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

Market Commentary: An Appearance of Weakness

Bullish sentiments have been driving the CBOT higher since last week’s U.S.-China trade talks, but bears finally made an appearance on Tuesday. The CBOT saw the entire soy complex pullback as China has not confirmed anything about what the Trump administration claims was agreed to in Sout...

Supreme Court to Hear Tariff Case Tomorrow

The Supreme Court will hear the case on President Trump’s tariffs tomorrow, and leading into the court session the White House is exuding confidence that the Court will uphold the President’s tariff powers under the 1977 International Economic Emergency Powers Act (IEEPA). However,...

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

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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