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feed-grains soy-oilseeds wheat

Market Commentary

Markets opened slightly lower Sunday evening, but it didn’t take long before soybean futures turned positive. November soybean futures traded as much as 16-17 cents higher at about 1 a.m. and traded as high as $9.99¾. Corn and wheat couldn’t follow the soy complex and traded lower all day today. General Comments Markets opened slightly lower Sunday evening, but it didn’t take long before soybean futures turned positive. November soybean futures traded as much as 16-17 cents higher at about 1 a.m. and traded as high as $9.99¾. Corn and wheat couldn’t follow the soy complex and traded lower all day today.Crude oil was weaker today and traded briefly below $50 in the December WTI contract. The U.S. dollar continued to strengthen. U.S. equity...

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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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