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feed-grains soy-oilseeds wheat

Market Commentary

Markets opened with some strength Sunday evening. That faded near this morning's close, but today's markets opened firm again with soybeans and wheat leading corn. General Comments Markets opened with some strength Sunday evening, following last Friday's big technical reversals. That faded near this morning's close, but today's markets opened firm again with soybeans and wheat leading corn. Talk that a frost/freeze in Brazil likely caused some crop loss also helped push wheat higher. Wheat and soybean futures eventually traded double-digit gains. Corn managed to push to gains of 5-6 cents before backing off. There wasn't much fresh news around the markets other than the follow-through buying from last Friday's firm close. The U.S. corn an...

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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

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Pork export sales for the week ending 26 June slowed, following the large volume booked the previous week. However, in the last five weeks pork export sales have averaged over 30,000 MT per week. That is strong for this time of year. Outstanding pork sales at 202,497 MT are running about 10 per...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...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

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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