World Perspectives
feed-grains wheat soy-oilseeds

Summary of Futures

Dec 20 Corn closed at $3.6975/bushel, down $0.0875 from yesterday's close.  Dec 20 Wheat closed at $5.5475/bushel, down $0.2025 from yesterday's close.  Nov 20 Soybeans closed at $10.225/bushel, down $0.21 from yesterday's close.  Dec 20 Soymeal closed at $338.1/short ton, down $4 from yesterday's close.  Dec 20 Soyoil closed at 34.2 cents/lb down 0.94 cents from yesterday's close.  Dec 20 Live Cattle closed at $110.6/cwt down $1.25 from yesterday's close.  Oct 20 Feeder Cattle closed at $142.25/cwt down $0.175 from yesterday's close.  Dec 20 Lean Hogs closed at $61.55/cwt down $1.975 from yesterday's close.  Oct 20 WTI Crude Oil closed at $39.68/barrel down $1.43 from yesterday's close. ...

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Market Commentary: Drought Drives Wheat Higher; Corn, Soybeans Firm Amid Harvest

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feed-grains wheat soy-oilseeds

Summary of Futures

Dec 20 Corn closed at $4.0875/bushel, up $0.035 from yesterday's close.  Dec 20 Wheat closed at $6.32/bushel, up $0.05 from yesterday's close.  Nov 20 Soybeans closed at $10.64/bushel, up $0.0975 from yesterday's close.  Dec 20 Soymeal closed at $371.9/short ton, down $1.3 from y...

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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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