World Perspectives
feed-grains

Am Outlook - Notable Stories

GOOD MORNING, Prices were mixed in the evening, higher for beans and soyoil with corn struggling and all turning in the red by the AM hour.  Soyoil prices are proceeding with caution as some expect an EPA story about biofuels.  The rumors are that the EPA may finally release two years’ worth of mandates today.  The corn market was able to shrug off biofuel concerns, as it may have little bearing on E-10 blending, which accounts for most of ethanol usage in the US.  It will have a larger impact on RIN prices. Tonight’s Commitment-of-Traders report will probably find funds short wheat and meal, and thus the short-covering in the wheat market continues.  Active global tenders and questions about Russia&rs...

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FOB Prices and Freight Rates App (Updated 1 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5775/bushel, up $0.02 from yesterday's close.  May 26 Wheat closed at $6.1625/bushel, up $0.0925 from yesterday's close.  May 26 Soybeans closed at $11.71/bushel, up $0.1125 from yesterday's close.  May 26 Soymeal closed at $316.4/short ton, up $1.5 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

Except for lean hog futures, the CBOT and CME markets were higher on Tuesday in a combination of bullish factors. The day’s strength started after the Wall Street Journal reported that President Trump told aides he is willing to end hostilities in the Middle East even if the Strait of Hor...

FOB Prices and Freight Rates App (Updated 1 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5775/bushel, up $0.02 from yesterday's close.  May 26 Wheat closed at $6.1625/bushel, up $0.0925 from yesterday's close.  May 26 Soybeans closed at $11.71/bushel, up $0.1125 from yesterday's close.  May 26 Soymeal closed at $316.4/short ton, up $1.5 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on USDA Data, Hopes for End to Middle East Conflict

Except for lean hog futures, the CBOT and CME markets were higher on Tuesday in a combination of bullish factors. The day’s strength started after the Wall Street Journal reported that President Trump told aides he is willing to end hostilities in the Middle East even if the Strait of Hor...

Lots To Do for Congress When They Return to Washington

Congress is in recess this week ahead of the Easter and Passover holidays, with much yet to do, including ending a partial shutdown and considering the “skinny” farm bill. Congress is scheduled to return on 13 April, though that may change, especially if the Homeland Security fundin...

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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