World Perspectives
feed-grains soy-oilseeds wheat

Closing Bell Wrap-Up WASDE Edition

The May WASDE brought the market its typical volatility with corn trading both green and red numbers while soybeans jumped higher only to be brought lower by trade worries. Wheat received a mostly bearish report and futures reacted accordingly. Below are some charts summarizing key points from the latest WASDE. 

The Export Sales report featured corn net sales and exports that were above what was needed this week to meet USDA’s 2017/18 projections. Soybean sales exceeded their needed volumes while exports failed to achieve this market. Wheat sales and exports were less than needed, lending a bearish tint to the report. 

Outside of CME/CBOT contracts, U.S. equities are slightly higher today, with the S&P 500...

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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