World Perspectives
feed-grains soy-oilseeds

Christmas in April

Regardless of what has caused or created this recent market rally, it has brought an enormous Christmas present to farmers and agricultural bankers in the form of much higher prices than expected just 30-40 days ago ahead of planting.It has been a phenomenal two months in the soy complex. November soybean futures have rallied more than $1.50/bushel ($55/MT) since 1 March. This has occurred in the face of U.S. ending supplies doubling, forecasts of record crops in Brazil and Argentina, record-large world soybean supplies, etc. It has been a rally that left fundamental analysts stunned and searching for reasons to explain to their clientele how this can happen. At the same time, the market has set open interest and volume records. It is even...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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

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livestock

Livestock Roundup: China Impact on Red Meat Markets

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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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