World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

 Export Sales and Shipments for May 10-16, 2024.   Wheat: Net sales of 17,900 metric tons (MT) for 2023/2024 were down 77 percent from the previous week and 61 percent from the prior 4-week average. Export shipments of 197,200 MT were down 56 percent from the previous week and 58 percent from the prior 4-week average. The destinations were primarily to the Philippines (64,100 MT), Thailand (58,500 MT), Mexico (27,900 MT), Japan (25,900 MT), and Haiti (12,100 MT).  Corn: Net sales of 911,200 MT for 2023/2024 were up 23 percent from the previous week, but down 1 percent from the prior 4-week average. Export shipments of 1,448,600 MT were up 52 percent from the previous week and 10 percent from the prior 4-week average. T...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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From WPI Consulting

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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