World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Strong Markets to be Tested

GOOD MORNING, Technical rallies continue as gains build across the board with new contract highs in beans, meal, and soyoil.   The markets were mixed on Monday with a lower PM session, followed by a quick turn-around morning open into new contract highs in a move that looked like a bullish WASDE had just been released.  Funds were buyers of 2K wheat contracts, 8K corn, 17 beans, 6K meal, and 1K soyoil.    Pent-up buying on the breaks emerged as end-users scramble to get covered before the end of the year.  Strong markets continue as tops remain unconfirmed.   Producers remain limited sellers even as prices make new contract highs.  November 2021 beans get closer to the $11.00 level.  ...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.275/bushel, down $0.0125 from yesterday's close.  Mar 26 Wheat closed at $5.3725/bushel, up $0.09 from yesterday's close.  Mar 26 Soybeans closed at $11.24/bushel, up $0.015 from yesterday's close.  Mar 26 Soymeal closed at $303/short ton, up $2.2 from ye...

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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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