World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Testing Support

GOOD MORNING, Prices are attempting to stabilize after funds sold a decent amount of corn, beans, and soyoil on better chances for rainfall, negative political headlines, and broken trendlines.  Soyoil prices are emphatically bouncing back and helping to support beans.  Wheat prices see double digit losses, led by KC.   Improving SRW and HRW crop ratings and falling Minn. wheat pressured prices.   More funds are becoming disenchanted with the poor technicals now and a seasonal that says sometimes summertime highs are set in June.  The presence of a possible bearish report June 30 and a touch of better weather is enough to send prices lower.   The more disappointing performance was the reaction o...

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livestock

Livestock Industry Margins

Beef packer margins remained deeply negative, with estimated net losses at -$185/head, little changed from the prior week. Rising boxed beef values continued to lag gains in fed cattle prices, keeping gross margins compressed despite incremental support from carcass weights and drop values. Rel...

feed-grains soy-oilseeds wheat

Market Commentary: Energy Supports Soyoil, Soybeans; Weak Dollar Pushes Wheat Higher

Grain trade at the CBOT was mixed Tuesday with higher energy values supporting soyoil and soybeans while a weaker dollar and some commercial buying supported wheat futures. Corn was the laggard for the day as concerns about ethanol production in the U.S. during the two weeks of severe cold weig...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.265/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.2325/bushel, up $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.6725/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $294/short ton, down $0.3 f...

livestock

Livestock Industry Margins

Beef packer margins remained deeply negative, with estimated net losses at -$185/head, little changed from the prior week. Rising boxed beef values continued to lag gains in fed cattle prices, keeping gross margins compressed despite incremental support from carcass weights and drop values. Rel...

feed-grains soy-oilseeds wheat

Market Commentary: Energy Supports Soyoil, Soybeans; Weak Dollar Pushes Wheat Higher

Grain trade at the CBOT was mixed Tuesday with higher energy values supporting soyoil and soybeans while a weaker dollar and some commercial buying supported wheat futures. Corn was the laggard for the day as concerns about ethanol production in the U.S. during the two weeks of severe cold weig...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.265/bushel, down $0.0175 from yesterday's close.  Mar 26 Wheat closed at $5.2325/bushel, up $0.0075 from yesterday's close.  Mar 26 Soybeans closed at $10.6725/bushel, up $0.055 from yesterday's close.  Mar 26 Soymeal closed at $294/short ton, down $0.3 f...

Congressional Letter on Buy-Up Coverage Rule

USDA’s Federal Crop Insurance Corporation (FCIC) published a new rule for crop insurance late last year, the Expanding Access to Risk Protection (EARP) rule that eliminates buy-up coverage for prevented planting policies. The rule proposes to: Increase premium subsidies from 5 to 10 crop...

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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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