World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

At the macro level, the day started off with a strong U.S. jobs report that indicated 224,000 jobs were created in June. This reduced the chances that the Federal Reserve will lower interest rates, which buoyed the U.S. dollar and caused equities to back off from the roaring gains of the past few days. The strong U.S. economy and its accompanying firm U.S. dollar will put downward pressure on exports.   Corn FUTURES Moist but warm conditions give a boost to the production outlook for even a late-planted corn crop, and the market started out down slightly. Still, the nearby contracts managed to climb another penny or two. Trade was in a narrow post-holiday range. An announcement by U.S. EPA of a slight increase in the Renewable Fuel...

WPI on Twitter

WPI POLL

Most likely future for EU agriculture is?

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary: CBOT Tests Bulls Amid Macro Risk-Off

The CBOT issued its first real test of bull’s commitment since the present rally started in August. Wheat futures posted a key reversal while corn futures and the soy complex pulled back sharply. Funds were noted sellers, following Friday’s massive gain in open interest across nearl...

feed-grains wheat

Aid for Agriculture

During the last decade, the total amount of multilateral donations to least-developed countries for agriculture increased by 80 percent. The share of all financial aid to poor countries that is geared toward agriculture rose by 48 percent. Over that same period, only cowpeas experienced any sig...

biofuel soy-oilseeds

EPA Moving Down Biofuels’ Policy Checklist

After last week’s EPA announcement on gap year SREs, the agency updated its actions on the SRE waivers, denying more than 50 petitions. There are still 17 left, but those are the petitions that as of July had not been reviewed by the Department of Energy (DOE). All the retroactive petitio...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Tests Bulls Amid Macro Risk-Off

The CBOT issued its first real test of bull’s commitment since the present rally started in August. Wheat futures posted a key reversal while corn futures and the soy complex pulled back sharply. Funds were noted sellers, following Friday’s massive gain in open interest across nearl...

feed-grains wheat

Aid for Agriculture

During the last decade, the total amount of multilateral donations to least-developed countries for agriculture increased by 80 percent. The share of all financial aid to poor countries that is geared toward agriculture rose by 48 percent. Over that same period, only cowpeas experienced any sig...

biofuel soy-oilseeds

EPA Moving Down Biofuels’ Policy Checklist

After last week’s EPA announcement on gap year SREs, the agency updated its actions on the SRE waivers, denying more than 50 petitions. There are still 17 left, but those are the petitions that as of July had not been reviewed by the Department of Energy (DOE). All the retroactive petitio...

feed-grains wheat soy-oilseeds

Summary of Futures

Dec 20 Corn closed at $3.6975/bushel, down $0.0875 from yesterday's close.  Dec 20 Wheat closed at $5.5475/bushel, down $0.2025 from yesterday's close.  Nov 20 Soybeans closed at $10.225/bushel, down $0.21 from yesterday's close.  Dec 20 Soymeal closed at $338.1/short ton, down $...

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