World Perspectives
soy-oilseeds wheat

Anticipating USDA's March WASDE

Analysts appear to be in general agreement regarding expectations for the March WASDE. The crop production forecasts for Brazil and Argentina might be more closely examined than the ending supply estimates.USDA's March WASDE will be released tomorrow at 12 pm (EDT). As with the February issue, no significant changes to the numbers are anticipated. This month's more important USDA reports are to be issued 31 March and will include the 2015 planting intentions (acres) estimates as well as the 1 March quarterly stocks numbers. These are the reports that will influence trading as we head into the spring planting and summer growing season. The tables below provide a quick comparison between the February WASDE data and what is expected tomorrow:T...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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U.S. July Fourth Holiday

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livestock

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

It was the last trading day of a shorter trading week that provided lots of inputs. It started with the Acreage and Quarterly Stocks reports, which changed little but they did confirm expectations. Weather continues to point toward ample crop supplies. President Trump teased there is a trade de...

U.S. July Fourth Holiday

Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

livestock

Livestock Roundup: China Impact on Red Meat Markets

Pork export sales for the week ending 26 June slowed, following the large volume booked the previous week. However, in the last five weeks pork export sales have averaged over 30,000 MT per week. That is strong for this time of year. Outstanding pork sales at 202,497 MT are running about 10 per...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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