World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

There was apparently a lack of incentive to either buy or sell grain and soy futures in the overnight session, and that carried over into the day session as well. Whether or not today’s midterm election had anything to do with the quiet low volume trade is problematic. The fact is that election aside, markets had precious little to generate trade or price movement today. Anticipation of Thursday’s November WASDE may have also discouraged trade since big market-moving changes are not expected. Markets traded both sides of Monday’s closes but really did very little. Corn and soybeans slipped back in consolidation trade following their recent rallies. Soymeal was slightly higher, and soyoil finished virtually unchanged. Wheat...

WPI on Twitter

WPI POLL

A U.S. - EU trade war is?

Related Articles
livestock

1 March Cattle on Feed Report

USDA today released the monthly Cattle on Feed (COF) report for 1 March. It showed the total inventory in feedlots of 1,000 head or more capacity was 1.8 million, the 27th straight month of year-over-year increases. Marketings were essentially flat, up only 8,000 head (or less than a half-perc...

Failed Tomato Farmers; Blasé Program Changes; New Transatlantic Conditionality

Failed Tomato Farmers The most efficient way to grow tomatoes is in greenhouses or hot houses. Most Mexican tomatoes are grown this way, but Florida growers have failed to adopt this form of protected agriculture, and the result is that their domestic market share has fallen to 41 percent. They...

feed-grains soy-oilseeds wheat

Market Commentary

Corn and wheat markets were firm overnight, while the soy complex was weaker. That was the pattern for much of today’s markets as well. Cool, wet weather and perhaps the worst flooding across parts of the Corn Belt ever are elevating concerns about a slow start to the corn planting season...

livestock

1 March Cattle on Feed Report

USDA today released the monthly Cattle on Feed (COF) report for 1 March. It showed the total inventory in feedlots of 1,000 head or more capacity was 1.8 million, the 27th straight month of year-over-year increases. Marketings were essentially flat, up only 8,000 head (or less than a half-perc...

Failed Tomato Farmers; Blasé Program Changes; New Transatlantic Conditionality

Failed Tomato Farmers The most efficient way to grow tomatoes is in greenhouses or hot houses. Most Mexican tomatoes are grown this way, but Florida growers have failed to adopt this form of protected agriculture, and the result is that their domestic market share has fallen to 41 percent. They...

feed-grains soy-oilseeds wheat

Market Commentary

Corn and wheat markets were firm overnight, while the soy complex was weaker. That was the pattern for much of today’s markets as well. Cool, wet weather and perhaps the worst flooding across parts of the Corn Belt ever are elevating concerns about a slow start to the corn planting season...

feed-grains soy-oilseeds wheat

Summary of Futures

May 19 Corn closed at $3.7825/bushel, up $0.02 from yesterday's close.  May 19 Wheat closed at $4.66/bushel, down $0.005 from yesterday's close.  May 19 Soybeans closed at $9.0375/bushel, down $0.0675 from yesterday's close.  May 19 Soymeal closed at $315/short ton, down $0.3 fro...

Image
From WPI Consulting

Infrastructure investment due diligence

On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up