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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  Germany’s winter wheat area is estimated at 2.8 Mha for 2023/24, down 1.9 percent. Winter barley was seeded across 1.3 Mha this year, a 5.1 percent increase. Ukrainian officials are citing concern for the hardiness of winter crops (most notably wheat) as an unusually warm winter has delayed or prevented the “hardening” of these crops, making them more vulnerable to frost/freeze risk. The warm weather has also increased disease risk and prevalence in some 2-4 percent of winter grains. Ukrainian farmers are looking to expand spring crop planted area in 2023. Total planted area, however, will be down 20 percent from 2021 due to war’s impacts, especially in eastern Ukraine.  Milling Wheat&nbs...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close.  May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close.  May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close.  May 26 Soymeal closed at $315.2/short ton, down $3 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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