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feed-grains soy-oilseeds wheat

Market Commentary

Markets were higher overnight, led by the soy complex with wheat also strong and corn firm. Weekend news shows seemed to hint that there will be no trade war with China. The Chinese president will make an important address to his nation Tuesday, and markets will be watching very closely. USDA announced the sale of 232,000 MT of soybeans to unknown this morning. That plus the strong rebound in U.S. equity markets brought buyers back. Wheat eventually got really juiced on more talk of worsening conditions across the hard red winter wheat region as well as one of the very coldest early spring seasons across the northern Plains, which could hamper spring wheat planting. The markets were somewhat tentative because USDA will release its monthly...

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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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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