World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Bears Gain Control; Soybeans End Below $10, Corn Breaks Support

Bears regained control of the CBOT ag market trade on Monday, seemingly not because of the WASDE but rather because of shifting weather forecasts and apparently receding threats. The weather in South America is trending more favorably for the corn and soybean crops down there, and showers in the forecast for the U.S. Plains offered comfort for the winter wheat planting outlook. Too, the WASDE’s bearish back drop of a record-large U.S. soybean crop, record U.S. corn yields, and larger world wheat stocks added to the bearish sentiment. Wheat led the downside move for the day and pulled corn lower as well, while soybeans suffered from plunging crude oil and soyoil values. Markets are targeting major technical support levels that will be...

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feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

livestock

Livestock Industry Margins

Both beef and pork packer margins improved last week on stronger spot meat demand and pricing while producer margins showed mixed trends. Margins for feedlot placements, weaned hog placements, and pigs farrowed last week all fell from the prior week. In the case of feedlots and wean-to-finish h...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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