Corn was steady, soybeans were higher, and wheat was lower overnight in light trading volume. Everything was then lower after the first hour of the day session. The U.S. and China are reportedly close to reaching agreement on at least the initial phases of a trade deal, and there might be a signing ceremony of some sort within two or three weeks. None of the positive trade talk has prevented the funds from increasing their short positions in wheat, corn and soybeans. Now estimated to be short 70,000 contracts of Chicago wheat, 104,000 contracts of corn and 42,000 contracts of soybeans, they appeared to be adding to those positions through at least the noon hour today. There were no export sales announcements from USDA today. U.S. equity m...
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Robinson's mouse opossum (Marmosa robinsoni) is a species of opossum in the family Didelphidae.[2] It is found in Belize, Colombia, Ecuador, Grenada, Honduras, Panama, Peru, Trinidad and Tobago, and Venezuela.[1] Robinson's mouse opossums move along tree branches and vines with the help of a pr...
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.