World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Oil Losing to Meal

GOOD MORNING, It was a disappointing close for the bulls yesterday as prices closed defensively for most.   Good weather and a lower export pace set the stage for the sell-off.  The theme of the week is a general phase of market liquidation as oilshare gains traction to the upside (meal losing to soyoil), while grains continue to lose length. For the week, corn is down 13c, beans down 17c, and wheat down 6 1/2c.    Wheat prices stabilized against corn on a very good export sales report, with IGC lowering 2018/19 global wheat production by 6 mmt.   Though slow to react to all the news, wheat futures rallied and set the stage for further price recovery off this week's cycle lows.  This morning, ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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