World Perspectives
feed-grains wheat livestock

Closing Bell Wrap-Up

After two days of aggressive selling, the CBOT turned green as a Turnaround Tuesday got underway. Wheat and the soy complex (especially soymeal) lead the way higher and corn followed obligingly. Exports seem to be the market’s main focus now, with continuing drought in the Black Sea region, Australia, and parts of Canada impacting the world wheat crop. The U.S. weather remains favorable for crop production through the end of August.  Wall Street is higher with the Dow and S&P 500 up slightly. The U.S. Dollar index continues to rally on the heels of Turkey’s currency implosion and growing concerns about other emerging market currencies. WPI will note that the S&P 500 is nearing its previous lifetime high, set on 2...

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feed-grains soy-oilseeds wheat

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Corn, soybeans and soyoil all closed lower after trading up the previous three sessions. July soymeal made it a fourth trading session higher, and wheat remains on a tear with a fifth trading session closing higher. The mood around wheat sees supply concerns developing in North America and in t...

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Summary of Futures

Thank you...

feed-grains soy-oilseeds wheat

Market Commentary: Some Reversals, Some Not

Corn, soybeans and soyoil all closed lower after trading up the previous three sessions. July soymeal made it a fourth trading session higher, and wheat remains on a tear with a fifth trading session closing higher. The mood around wheat sees supply concerns developing in North America and in t...

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Forecast Cow-Calf Profits Near Record, Robust Heifer Retention Expected

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feed-grains soy-oilseeds wheat

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Reigniting a Transatlantic Deal; Indian Powerhouse; “Barons” is Bombastic

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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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