World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Jul 20 Corn closed at $3.2625/bushel, up $0.0925 from yesterday's close.  Sep 20 Wheat closed at $4.865/bushel, up $0.1075 from yesterday's close.  Jul 20 Soybeans closed at $8.665/bushel, up $0.015 from yesterday's close.  Jul 20 Soymeal closed at $280.5/short ton, down $1.6 from yesterday's close.  Jul 20 Soyoil closed at 27.62 cents/lb up 0.42 cents from yesterday's close.  Aug 20 Live Cattle closed at $96.475/cwt up $0.45 from yesterday's close.  Aug 20 Feeder Cattle closed at $133.5/cwt up $0.9 from yesterday's close.  Aug 20 Lean Hogs closed at $48.45/cwt up $0.325 from yesterday's close.  Aug 20 WTI Crude Oil closed at $39.54/barrel up $1.05 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

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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

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

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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