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THE OPEN November beans:  2 3/4 lower December meal:  3.70 higher December soyoil:  77 lower December corn:  2 lower December wheat:  3 3/4 lower Prices opened as expected with still trending lower oilshare a major feature of trade.  Meal prices continued to place new ctr highs as more demand surfaces due to restrictions in Argentina's meal supply.  Strong meal helped bean prices to stabilize, while negative technical signals in palm and lower canola triggered sell stops in soyoil. The following forecasts were made by Argentina's BA Exchange: 20/21 bean production was forecast at 46.5 mmt 20/21 corn production at 47.0 mmt 20/21 wheat production at 17.5 mmt vs. the May projection of 21.0 mmt. Wor...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

feed-grains soy-oilseeds wheat

Market Commentary: Geopolitics, Energy, and Macro Correlations Shape Agricultural Markets

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close.  May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close.  May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close.  May 26 Soymeal closed at $309.9/short ton, down $...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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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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