World Perspectives
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Summary of Futures

May 21 Corn closed at $5.45/bushel, up $0.0675 from yesterday's close.  May 21 Wheat closed at $6.6625/bushel, up $0.16 from yesterday's close.  May 21 Soybeans closed at $14.125/bushel, up $0.2125 from yesterday's close.  May 21 Soymeal closed at $421.7/short ton, up $3.4 from yesterday's close.  May 21 Soyoil closed at 49.66 cents/lb up 0.43 cents from yesterday's close.  Apr 21 Live Cattle closed at $119.425/cwt up $0.45 from yesterday's close.  Apr 21 Feeder Cattle closed at $140.475/cwt down $0.65 from yesterday's close.  Apr 21 Lean Hogs closed at $85.35/cwt down $2.375 from yesterday's close.  Apr 21 WTI Crude Oil closed at $59.55/barrel down $1.09 from yesterday's close.   ...

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soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

soy-oilseeds

WASDE Soyoil

U.S. soybean oil price outlook is projected at 45.0 cents per pound, up 4 cents. ...

soy-oilseeds

WASDE Soymeal

U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

WASDE Soybeans

U.S. soybean outlook is for higher exports, lower crush, residual use, and seed use.  Soybean ending stocks are projected at 120 million bushels, unchanged from the previous forecast.  The season-average soybean price is forecast at $11.25 per bushel, up 10 cents...

feed-grains

WASDE Corn

U.S. corn outlook is for greater feed and residual use, increased corn used for ethanol production, larger exports, and lower ending stocks. Corn used to produce ethanol is raised 25 million bushels and exports are increased 75 million bushels. The season-average farm price is unchanged at $4.3...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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