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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.8075/bushel, up $0.0975 from yesterday's close.  Sep 19 Wheat closed at $4.7075/bushel, up $0.0175 from yesterday's close.  Nov 19 Soybeans closed at $8.7975/bushel, up $0.09 from yesterday's close.  Dec 19 Soymeal closed at $300.3/short ton, up $3.4 from yesterday's close.  Dec 19 Soyoil closed at 29.51 cents/lb up 0.06 cents from yesterday's close.  Oct 19 Live Cattle closed at $98.05/cwt down $0.475 from yesterday's close.  Sep 19 Feeder Cattle closed at $132.375/cwt down $0.925 from yesterday's close.  Oct 19 Lean Hogs closed at $62/cwt down $3 from yesterday's close.  Sep 19 WTI Crude Oil closed at $54.87/barrel up $0.4 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

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CBOT markets opened on a mixed note this morning with some buying interest emerging after the two-day selloff. Soymeal started the day with a strong rally that didn’t stop until the close after Argentina’s Ag Ministry stated it would temporarily halt the registration of new agricult...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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