World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: End of Week Reshuffle

The only certainty of the past week is that soymeal is going stratospheric. But corn, soybeans, and wheat took a breather today.  For the week: December corn gained 0.456 percent December soymeal rose 8.69 percent  November soybeans gained 1.71 percent  December soyoil lost 1.82 percent   December SRW is up 1.078 percent December HRW edged higher by 0.149 percent December HRS added 1.212 percent December Live Cattle lost 1.138 percent December Lean Hogs gave up 5.036 percent Some changes in the weather outlook could be bearish as Argentina and northern Brazil have a shot at some needed showers at the same time southern Brazil gets a brief break from the incessant downpours. There are also some showe...

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feed-grains soy-oilseeds wheat

Market Commentary: Weather Worries Nearing a Ceiling

Large supplies and a strong dollar took their toll this week on corn and soybeans, but they still managed to outperform. Weather worries pushed wheat higher for a seventh straight session, and pork finally took a fall.  There was high volume trading in corn today but without any strong fee...

soy-oilseeds

Oilseed Highlights: Up, Despite Grey Clouds

The Market Brazil has been winning the soybean export war, and imported biodiesel feedstock threatens domestic crush margins, but Chicago trading this week appeared to shake off such concerns. July soybeans traded lower for the past three trading sessions but larger gains achieved at the beginn...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.5/bushel, down $0.02 from yesterday's close.  Jul 24 Wheat closed at $6.2225/bushel, up $0.0175 from yesterday's close.  Jul 24 Soybeans closed at $11.7725/bushel, down $0.025 from yesterday's close.  Jul 24 Soymeal closed at $344.7/short ton, down $2.9 f...

feed-grains soy-oilseeds wheat

Market Commentary: Weather Worries Nearing a Ceiling

Large supplies and a strong dollar took their toll this week on corn and soybeans, but they still managed to outperform. Weather worries pushed wheat higher for a seventh straight session, and pork finally took a fall.  There was high volume trading in corn today but without any strong fee...

soy-oilseeds

Oilseed Highlights: Up, Despite Grey Clouds

The Market Brazil has been winning the soybean export war, and imported biodiesel feedstock threatens domestic crush margins, but Chicago trading this week appeared to shake off such concerns. July soybeans traded lower for the past three trading sessions but larger gains achieved at the beginn...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 24 Corn closed at $4.5/bushel, down $0.02 from yesterday's close.  Jul 24 Wheat closed at $6.2225/bushel, up $0.0175 from yesterday's close.  Jul 24 Soybeans closed at $11.7725/bushel, down $0.025 from yesterday's close.  Jul 24 Soymeal closed at $344.7/short ton, down $2.9 f...

Q1 GDP Comes in Low, Interest Rate Expected to Stay High

The Q1 2024 GDP was 1.6 percent, well below the pre-report consensus expectation of 2.4 percent, and down from 3.1 percent in Q1 2023 and 3.4 percent in Q4 2023. That rate was the slowest in almost two years, dating back to Q2 2022.  Recall that in the 2 February Ag Perspectives report on...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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