World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Firmer with a Twist

GOOD MORNING, Prices are starting the session on a firmer note led by wheat.  The trade continues to monitor the pace of South American bean and corn plantings, trade negotiations, and the next set of data that will come out of the December WASDE.  In terms of new announcements, a Chinese Communist tabloid reported that China remained committed to a phase one deal and was "very close'" to securing it.  In terms of business, Chinese buyers were reported to have purchased as many as 20 cargoes of Brazilian beans last week as uncertainty over a trade deal turned them back to South America once again.    Global stocks are higher, with the Dow up 66 pts as well, after China said it would step up intellectual property p...

WPI on Twitter

WPI POLL

Chance that Donald Trump will quit re-election effort?

Related Articles

Policy Round Up: COVID Legislation; Aluminum Tariffs; Restaurant Performance

COVID Relief: Today was the target deadline for the next COVID relief package; that is not going to happen. Neither the Senate or House was in session today but are subject to a one-day recall back for a vote if necessary. Negotiations continue but progress is not being made. The hang-ups are t...

feed-grains soy-oilseeds wheat

Market Commentary: Weaker into the Weekend

The CBOT was sharply weaker heading into the weekend with many contracts posting new contract lows. September corn, December soymeal, and the first five listed HRW and MGEX wheat contracts all posted fresh contract lows. Soybeans, while far from contract lows, still posted a strongly bearish cl...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

Policy Round Up: COVID Legislation; Aluminum Tariffs; Restaurant Performance

COVID Relief: Today was the target deadline for the next COVID relief package; that is not going to happen. Neither the Senate or House was in session today but are subject to a one-day recall back for a vote if necessary. Negotiations continue but progress is not being made. The hang-ups are t...

feed-grains soy-oilseeds wheat

Market Commentary: Weaker into the Weekend

The CBOT was sharply weaker heading into the weekend with many contracts posting new contract lows. September corn, December soymeal, and the first five listed HRW and MGEX wheat contracts all posted fresh contract lows. Soybeans, while far from contract lows, still posted a strongly bearish cl...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $3.2075/bushel, down $0.03 from yesterday's close.  Sep 20 Wheat closed at $4.955/bushel, down $0.0575 from yesterday's close.  Nov 20 Soybeans closed at $8.675/bushel, down $0.105 from yesterday's close.  Dec 20 Soymeal closed at $286.8/short ton, down $1.6...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up