World Perspectives
livestock

Cattle on Feed

• USDA Estimates: U.S. Cattle on Feed were up 1 percent on November 1, 2019.  • Placements in feedlots during October totaled 2.48 million head, 10 percent above 2018.  • Marketings of fed cattle during October totaled 1.88 million head, 1 percent below 2018.   • Other disappearance totaled 59,000 head during October, 14 percent below 2018.  ...

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livestock

Livestock Round Up

The Livestock and Meat trade data will be released Monday after the holiday weekend; it will likely show exports way down in May reflecting the COVID-19 impact on slaughter and offsetting the high profile gains made in April, especially in pork shipments to China. With the COVID shutdown in pla...

feed-grains soy-oilseeds wheat

Export Sales

Wheat: Net sales of 414,300 metric tons (MT) were reported for delivery in marketing year 2020/2021.   Corn: Net sales of 361,100 MT for 2019/2020 were down 22 percent from the previous week and 32 percent from the prior 4-week average.   Soybeans: Net sales of 241,700 MT fo...

feed-grains soy-oilseeds wheat

Market Commentary

It was a quiet session (December corn contract volume was down 55 percent from the five-day average) in an early close before a long weekend as some profit was taken off the table, but there are still things to talk about.  Economists polled by Reuters ahead of today’s U.S. jobs rep...

livestock

Livestock Round Up

The Livestock and Meat trade data will be released Monday after the holiday weekend; it will likely show exports way down in May reflecting the COVID-19 impact on slaughter and offsetting the high profile gains made in April, especially in pork shipments to China. With the COVID shutdown in pla...

feed-grains soy-oilseeds wheat

Export Sales

Wheat: Net sales of 414,300 metric tons (MT) were reported for delivery in marketing year 2020/2021.   Corn: Net sales of 361,100 MT for 2019/2020 were down 22 percent from the previous week and 32 percent from the prior 4-week average.   Soybeans: Net sales of 241,700 MT fo...

feed-grains soy-oilseeds wheat

Market Commentary

It was a quiet session (December corn contract volume was down 55 percent from the five-day average) in an early close before a long weekend as some profit was taken off the table, but there are still things to talk about.  Economists polled by Reuters ahead of today’s U.S. jobs rep...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 20 Corn closed at $3.435/bushel, down $0.07 from yesterday's close.  Sep 20 Wheat closed at $4.92/bushel, down $0.0675 from yesterday's close.  Nov 20 Soybeans closed at $8.9675/bushel, down $0.0225 from yesterday's close.  Dec 20 Soymeal closed at $304.2/short ton, down $0.4...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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