World Perspectives
soy-oilseeds

WASDE Soybeans

WASDE SOYBEANS: USDA increased their estimate for global soybean ending stocks by 0.3 million tons to 134.6 million as higher stocks for Argentina and Canada are partly offset by lower stocks for the United States and the EU.   U.S. soybean ending stocks are projected at 550 million bushels, down 10 million from last month. USDA projects that the U.S. seasonal-average soybean price will remain unchanged at $10.80 per bushel. The soybean meal and soybean oil prices are also unchanged at $320 per short ton and 42 cents per pound.   ...

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Market Stalls Waiting for South American Weather Definition

There were modest volumes on this last trading day of the week, except in soymeal and cattle where the goal was to get out of the former and into the latter. There were new contract highs, again, in cattle. Overall weakness was blamed on Argentina’s announced lower tax rates on commodity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 10-16, 2025 Wheat: Net sales of 164,800 metric tons (MT) for 2024/2025 were down 68 percent from the previous week and 52 percent from the prior 4-week average. Export shipments of 201,300 MT were up 2 percent from the previous week, but down 41 percent fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.865/bushel, down $0.0325 from yesterday's close.  Mar 25 Wheat closed at $5.44/bushel, down $0.1 from yesterday's close.  Mar 25 Soybeans closed at $10.5575/bushel, down $0.0975 from yesterday's close.  Mar 25 Soymeal closed at $304.9/short ton, down $10...

feed-grains soy-oilseeds wheat

Market Commentary: Market Stalls Waiting for South American Weather Definition

There were modest volumes on this last trading day of the week, except in soymeal and cattle where the goal was to get out of the former and into the latter. There were new contract highs, again, in cattle. Overall weakness was blamed on Argentina’s announced lower tax rates on commodity...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for January 10-16, 2025 Wheat: Net sales of 164,800 metric tons (MT) for 2024/2025 were down 68 percent from the previous week and 52 percent from the prior 4-week average. Export shipments of 201,300 MT were up 2 percent from the previous week, but down 41 percent fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.865/bushel, down $0.0325 from yesterday's close.  Mar 25 Wheat closed at $5.44/bushel, down $0.1 from yesterday's close.  Mar 25 Soybeans closed at $10.5575/bushel, down $0.0975 from yesterday's close.  Mar 25 Soymeal closed at $304.9/short ton, down $10...

livestock

Cattle on Feed

U.S. Cattle on Feed for feedlots with capacity of 1,000 or more head totaled 11.8 million head on January 1, 2025 – down 1 percent from January 1, 2024. Placements in feedlots during December totaled 1.64 million head, 3 percent below 2023.  Marketings of fed cattle during December t...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up