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feed-grains soy-oilseeds wheat

Market Commentary

Soybeans futures were comparatively strong today with prices trading back and forth around unchanged before light commercial hedge pressure took prices lower by around 2 cents at the close. General Comments The Fed ended its September meeting by leaving its interest rate unchanged. Three months ago, the odds of an increase this month appeared to be very high. However, the odds of that occurring dropped to 50-50 or lower as devaluation of the yuan raised still unanswered questions about weaknesses in the Chinese economy, financial market turbulence grew during the summer and the Fed's 2 percent inflation goal seemed to be even further away now than it appeared in June. Thus, today's decision came as no surprise to financial markets. Stocks...

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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

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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