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feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  In its latest crop monitoring bulletin, the EU Commission’s MARS division noted few to no negative impacts on winter crops from the sudden shift to cold temperatures after a wet autumn. Crops were still vulnerable to frost after the warmer-than-normal fall conditions, but the cold snap has reportedly offered little impact. The major impacts, however, were from the wet sowing conditions for much of western Europe, including France, Germany, and the Benelux countries. French officials have noted that their expected soft wheat sowings will fall 10 percent shy of expectations due to the wet conditions. Heading into the new year, temperatures are expected to remain above-average for most of the continent with below-ave...

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Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: Mostly Higher on Weather

After days of flat to faltering closes, corn and soybeans have now rebounded the past two days, and today wheat joined the rally. In two days, July corn has gained 13 cents and July soybeans are up 36 cents.  USDA’s Export Sales report showed old crop washouts and lower actual expor...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.5975/bushel, up $0.09 from yesterday's close.  Jul 24 Wheat closed at $6.0425/bushel, up $0.05 from yesterday's close.  Jul 24 Soybeans closed at $11.99/bushel, up $0.2875 from yesterday's close.  Jul 24 Soymeal closed at $364.9/short ton, up $15.9 from y...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 19-25, 2024  Wheat:  Net sales reductions of 20,300 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 508,600 MT were down 11 percent from the previous week and 8 perce...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly Higher on Weather

After days of flat to faltering closes, corn and soybeans have now rebounded the past two days, and today wheat joined the rally. In two days, July corn has gained 13 cents and July soybeans are up 36 cents.  USDA’s Export Sales report showed old crop washouts and lower actual expor...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.5975/bushel, up $0.09 from yesterday's close.  Jul 24 Wheat closed at $6.0425/bushel, up $0.05 from yesterday's close.  Jul 24 Soybeans closed at $11.99/bushel, up $0.2875 from yesterday's close.  Jul 24 Soymeal closed at $364.9/short ton, up $15.9 from y...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for April 19-25, 2024  Wheat:  Net sales reductions of 20,300 metric tons (MT) for 2023/2024 were down noticeably from the previous week and from the prior 4-week average. Export shipments of 508,600 MT were down 11 percent from the previous week and 8 perce...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Remains Choppy, Volatile as Weather Drives Markets

The CBOT saw another day of mixed trade with livestock futures pushing sharply lower as demand fears resurface while wheat futures drew back for a third straight day amid more forecasts of showers for previously dry production regions. The soy complex recovered a bit from Tuesday’s sellof...

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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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