World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Mixed Bag

THE OPEN July beans:  19 higher July meal:  1.40 higher July soyoil:  99 higher July corn:  1 higher July wheat:  5 lower The markets opened as called but bean prices traded sharply higher and into new contract highs into the morning trade along with soyoil.  Grains labored with weaker wheat prices, while oilshare traded higher.  The sharp rally in the bean complex before the release of the numbers had some perplexed, given that nothing much had changed from yesterday to today, except the technical trade which offered up a decisive break-out on the upside.  End-user panic buying seemed to be part of the scenario in beans as values continued to rally.  At 11:00, here is what the USDA had to...

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.06/bushel, down $0.0325 from yesterday's close.  Sep 25 Wheat closed at $5.49/bushel, up $0.1075 from yesterday's close.  Nov 25 Soybeans closed at $10.2725/bushel, up $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $287.6/short ton, down $1.7 f...

livestock

Feeder Cattle Import Update

As summer demand for beef is upon us, fed cattle hit $233 per cwt yesterday, having moved above $200 per cwt in April on tight supplies. The cattle herd as of 1 January was the smallest in more than 50 years, imports of feeder cattle from Mexico have been suspended due to the New World Screwwor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is closing several collection centers for this year’s wheat crop due to a drop in available wheat for purchase. At the end of last week, the total government purchases were at a little over 3.9 MMT against the governme...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.06/bushel, down $0.0325 from yesterday's close.  Sep 25 Wheat closed at $5.49/bushel, up $0.1075 from yesterday's close.  Nov 25 Soybeans closed at $10.2725/bushel, up $0.0025 from yesterday's close.  Dec 25 Soymeal closed at $287.6/short ton, down $1.7 f...

livestock

Feeder Cattle Import Update

As summer demand for beef is upon us, fed cattle hit $233 per cwt yesterday, having moved above $200 per cwt in April on tight supplies. The cattle herd as of 1 January was the smallest in more than 50 years, imports of feeder cattle from Mexico have been suspended due to the New World Screwwor...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is closing several collection centers for this year’s wheat crop due to a drop in available wheat for purchase. At the end of last week, the total government purchases were at a little over 3.9 MMT against the governme...

Prop 12 Lives, Long Live Prop 12; Power of Ag; Trump Power

Prop 12 Lives, Long Live Prop 12 Delineating the Supremacy Clause of the U.S. Constitution from the rights of the states has long been a legal fight in the U.S. Thus, it was notable last night when the U.S. Senate voted 99-1 to remove language from the Big Beautiful Bill that would have restric...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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