World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The soy complex opened higher this morning despite overnight news that China's latest PMI number was below 50 for the first time in two-and-a-half years. Egypt's GASC announced a wheat tender after the close under its standard terms. General Comments Markets were quietly lower overnight until the soy complex had a small pop higher early this morning. That trend continued at the opening today with soybeans trading 3-5 higher, corn steady to 2 higher and wheat 2-4 lower. There was not much fresh news to star the week. Saudi Arabia did reportedly buy 690,000 MT of EU, Australian and U.S. wheat. That seemed to be offset by some precipitation across the U.S. southern Plains, although amounts were very light and coverage only around 20 percent...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...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

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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

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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