World Perspectives
soy-oilseeds

Oilseed Highlights – Nothing Dull This August

The Market Prices generally decline in August ahead of the harvest and that is generally true right now. November soybeans fell 3.5 percent this week and have fallen 6.4 percent since the 2023 high on 24 July. But there are also more price supportive factors than usual. December soymeal fell 1.9 percent this week and December soyoil dropped 1.4 percent.  USDA’s August WASDE report a week from today is unlikely to show much yield reduction. A StoneX survey reflects expectations of USDA lowering soybean yield from 52 to 50.5 bushels/acre and production falling 2.9 percent from July’s WASDE to 4.3 BBU. However, the trade tends to be on the low side of USDA for the August estimate, and even the trade’s numbers will me...

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feed-grains soy-oilseeds wheat

Market Commentary: Looking for Demand Amidst Ample Supplies

Grain and oilseed trading was mostly in the red today, with livestock markets trading higher. Volume was higher today in soymeal, but otherwise it was modest and even relatively low in corn. Markets tend to drift when lacking any major new directional inputs.  USDA’s weekly Export Sa...

biofuel energy

How the EPA’s Anti-Decision Will Affect Biofuels and Soyoil

In mythology or legends, the hero is obviously identified – the “good guy” standing up for justice, not compromising what is right, and displays courage or other noble and admired qualities. Standing in contrast – but not quite opposite – to the hero is the anti-he...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2375/bushel, down $0.03 from yesterday's close.  Dec 25 Wheat closed at $5.2425/bushel, down $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.375/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $284.7/short ton, down $1...

feed-grains soy-oilseeds wheat

Market Commentary: Looking for Demand Amidst Ample Supplies

Grain and oilseed trading was mostly in the red today, with livestock markets trading higher. Volume was higher today in soymeal, but otherwise it was modest and even relatively low in corn. Markets tend to drift when lacking any major new directional inputs.  USDA’s weekly Export Sa...

biofuel energy

How the EPA’s Anti-Decision Will Affect Biofuels and Soyoil

In mythology or legends, the hero is obviously identified – the “good guy” standing up for justice, not compromising what is right, and displays courage or other noble and admired qualities. Standing in contrast – but not quite opposite – to the hero is the anti-he...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2375/bushel, down $0.03 from yesterday's close.  Dec 25 Wheat closed at $5.2425/bushel, down $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.375/bushel, down $0.0625 from yesterday's close.  Dec 25 Soymeal closed at $284.7/short ton, down $1...

livestock

Livestock Roundup: Cattle on Feed Preview

USDA’s monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 99.1 percent of last year with the range of estimates between 98.7 and 99.7 percent of 1 September 2024. Those estimates imply an on-fee...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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