World Perspectives
soy-oilseeds

Oilseed Highlights – Downward Slope

The Market It was a tough week for soybeans, which must have seen a dead cat bounce last week because this week peeled back the July contract by 46.5 cents and sent it back below $14 for the first time in a long while. There was even more ignominy for soyoil, with the July contract marking a new contract low (49₵/pound intrasession) and losing 8.8 percent for the week. Soyoil got beat down each and every day this week. Only soymeal ended in the black for this second week in May, adding $6.80 to July and closing at 432.9/ST. Speculators again cut their net long positions, this time by 9,847 contracts, down to 27,027 contracts.  USDA’s May WASDE was released today, and it sees U.S. soybean exports dipping, plus domestic and gl...

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feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia and France have extended their cooperation program in agricultural and rural development for Tunisia. The program is being supported by €76 million from the Agricultural Investment and Modernization Program funded by...

feed-grains soy-oilseeds wheat

Market Commentary: Turnaround Tuesday for Grains; Soybeans Sag; New Highs for Cattle

Corn and wheat found technical support Tuesday that created turnarounds on their respective charts and, in the case of wheat, formed bullish key reversals. News of smaller corn yields in the Midwest and strong export sales performance last week helped boost corn and wheat values following Monda...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia and France have extended their cooperation program in agricultural and rural development for Tunisia. The program is being supported by €76 million from the Agricultural Investment and Modernization Program funded by...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

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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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