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feed-grains soy-oilseeds wheat

PM Post - Wheatie Surprise

THE OPEN November beans:  1/4 lower December meal:  .70 lower December soyoil:  19 higher December corn:  1 lower September wheat:  3 1/2 higher The markets opened as expected with a firmer note in wheat on reported sales to China.  Traders were back to buying oilshare and buying beans/selling corn into the report.  Rains which moved through part of Iowa, Wisconsin, and northern Illinois with slightly cooler temperatures created morning long liquidation in beans while spurring more selling interest for corn.  Bearish ideas before the report surfaced in corn which led to bean/corn and wheat/corn spread trade.   The surprise of the report was mostly found in wheat, which was more bullis...

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wheat

WASDE Wheat

USDA raised U.S. wheat production 14 million bushels to 1,838 million as increased Hard Red Spring (HRS) and Durum production more than offsets lower winter wheat production as indicated by the NASS August 12 Crop Production report.  Projected 2020/21 exports are raised 25 million bushels...

feed-grains soy-oilseeds wheat

PM Post - Relief Rally?!

THE OPEN November beans:  2 higher December meal:  .40 lower December soyoil:  37 higher December corn:  steady September wheat:  3 lower Prices opened as expected with a minor bounce in corn met with some early hedge pressure pre-report, as a just-in-case the report wa...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 3-7 August 2020 Wheat prices on the domestic Russian market moved in different directions. The changes were moderate or insignificant. Corn prices slightly decreased. Feed barley prices mainly decreased. Meanwhile on the export market, milling wheat average 2020 yiel...

wheat

WASDE Wheat

USDA raised U.S. wheat production 14 million bushels to 1,838 million as increased Hard Red Spring (HRS) and Durum production more than offsets lower winter wheat production as indicated by the NASS August 12 Crop Production report.  Projected 2020/21 exports are raised 25 million bushels...

feed-grains soy-oilseeds wheat

PM Post - Relief Rally?!

THE OPEN November beans:  2 higher December meal:  .40 lower December soyoil:  37 higher December corn:  steady September wheat:  3 lower Prices opened as expected with a minor bounce in corn met with some early hedge pressure pre-report, as a just-in-case the report wa...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 3-7 August 2020 Wheat prices on the domestic Russian market moved in different directions. The changes were moderate or insignificant. Corn prices slightly decreased. Feed barley prices mainly decreased. Meanwhile on the export market, milling wheat average 2020 yiel...

feed-grains soy-oilseeds wheat

Technical Views - Light Load Until the Report

SPREADS Oct. crush trades to 95.46c/bu while oilshare trades to 34.94%.   Corn spreads tighten a bit with Dec/Dec trading into 36 1/2c from 37 3/4c, and values that were as wide as 40c.  Sep/Dec corn trades into 11 1/2c from lows of 13c carry.  Sep/Nov bean trades into 2 1/2...

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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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