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feed-grains

PM Post - Surprises Add Bang for the Buck

THE OPEN Nov beans:  2 higher Dec meal:  .30 higher Dec soyoil:  8 lower Sep. corn:  2 1/2 higher Sep. wheat:  1 1/2 higher The markets opened as called with initial selling pressure with grains at recent highs and beans/meal sitting on overall lows.   Oilshare was slightly lower as meal pricing increased as prices sat on lows.  Though reports of hot and dry forecasts circulated, position-evening remained the key feature into the 11:00 Stocks/Acreage report.  The acreage numbers, when released, were bullish for new-crop corn and beans, neutral for wheat, while grain stocks were bearish for grains and neutral for beans.  The numbers released created an across-the-board rally.  ...

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livestock

USDA Food Box Upends the FMMO Dairy

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feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened on a firm note with a long holiday weekend filled with dry weather for most of the U.S. offering support. This week’s forecast was initially supportive, with hot/dry weather forecast for the major crop-growing regions, though afternoon model runs turned wetter for the last...

Future U.S. Trade Policy

Based on the current trajectory, there will be a new U.S. president in 2021, but how will it change American trade policy? For one, there will be less arbitrary and hyper-aggressive actions by Washington. Canadian Prime Minister Justin Trudeau is so upset about the current U.S. Administration&r...

livestock

USDA Food Box Upends the FMMO Dairy

USDA extended the contracts for a second round of the Food Box Distribution program last week; the new round will run through 30 August. There were 205 contracts awarded; 189 were extended, 11 were not extended based on performance, and 16 new contractors were added and awarded with an addition...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 6 July)

Update for 6 July 2020:  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions!   ...

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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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