World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 3-9, 2023. Wheat:  Net sales of 176,300 metric tons (MT) for 2023/2024 were down 50 percent from the previous week and 57 percent from the prior 4-week average. Export shipments of 310,500 MT were up noticeably from the previous week and up 65 percent from the prior 4-week average. The destinations were primarily to the Philippines (123,400 MT), Mexico (55,600 MT), South Korea (55,600 MT), Algeria (22,200 MT), and Brazil (16,500 MT).   Corn:  Net sales of 1,807,500 MT for 2023/2024 were up 78 percent from the previous week and 81 percent from the prior 4-week average. Export shipments of 683,100 MT were down 17 percent from the previous week, but up 17 percent from the prior 4-we...

Related Articles
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, down $0.065 from yesterday's close.  Dec 25 Wheat closed at $5.355/bushel, down $0.1925 from yesterday's close.  Jan 26 Soybeans closed at $11.075/bushel, down $0.2675 from yesterday's close.  Dec 25 Soymeal closed at $312.7/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Corrections Lower, and Maybe Yet Lower

There was a “show me the money” attitude in today’s trading as caution replaced yesterday’s enthusiasm in both ag markets and on Wall Street. Let’s count the many sources of hesitation. Soybeans, meal, and wheat have all been overbought with high RSI’s. ...

livestock

Livestock Roundup: U.S. and Global Beef Markets

USDA confirmed last Friday, 31 October, that despite the shutdown several key reports will be issued, including the November Cattle on Feed report, scheduled for 21 November.  There will be no data from the October report, but that information could be available through the month-to-month...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2875/bushel, down $0.065 from yesterday's close.  Dec 25 Wheat closed at $5.355/bushel, down $0.1925 from yesterday's close.  Jan 26 Soybeans closed at $11.075/bushel, down $0.2675 from yesterday's close.  Dec 25 Soymeal closed at $312.7/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Corrections Lower, and Maybe Yet Lower

There was a “show me the money” attitude in today’s trading as caution replaced yesterday’s enthusiasm in both ag markets and on Wall Street. Let’s count the many sources of hesitation. Soybeans, meal, and wheat have all been overbought with high RSI’s. ...

livestock

Livestock Roundup: U.S. and Global Beef Markets

USDA confirmed last Friday, 31 October, that despite the shutdown several key reports will be issued, including the November Cattle on Feed report, scheduled for 21 November.  There will be no data from the October report, but that information could be available through the month-to-month...

feed-grains soy-oilseeds

Historic Trends in USDA’s November Crop Production Report

Heading into next week’s (mercifully) planned USDA Crop Production and WASDE reports, a key focus of the markets has been forecasting the agency’s yield numbers.  Over the past five years, USDA has exhibited a tendency to reduce its forecast of the corn and soybean yield, harve...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up