World Perspectives
wheat

WASDE Wheat

"Projected 2017/18 U.S. wheat ending stocks are raised 29 million bushels on increased supplies and decreased use.  Seed use is lowered 4 million bushels on the winter wheat planted area released today in the NASS Winter Wheat and Canola Seedings report.  Wheat feed and residual use for 2017/18 is lowered 20 million bushels and reflects disappearance for June - November as indicated by the December 1 and revised September 1 stocks released in the NASS Grain Stocks report.  All wheat exports are unchanged at 975 million bushels; however, a 10 million bushel decrease in Hard Red Spring exports is offset by 5-million-bushel increases each for Soft Red Winter and White wheat.  Total supplies are raised 5 million bushels on h...

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Market Commentary: No Raucous End to the Week

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.855/bushel, up $0.015 from yesterday's close.  Jul 25 Wheat closed at $5.45/bushel, up $0.005 from yesterday's close.  Jul 25 Soybeans closed at $10.5925/bushel, down $0.0275 from yesterday's close.  Jul 25 Soymeal closed at $298.5/short ton, up $1.8 from...

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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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