World Perspectives
feed-grains soy-oilseeds wheat

Hints of Changing Dynamics

Simplistic economics suggest that the value of any freely-traded commodity is ultimately determined by the balance between its supplies and demand. That is especially true for renewable crops such as grains and oilseeds that have their supplies replenished annually or semi-annually if production occurs in both the Northern and Southern Hemispheres. Since neither the volumes of supply nor the amounts of demand remain constant, the balances between the two are always changing, and this means that values as measured by prices are as well. These changes are transmitted by the derivative futures and options markets that represent specific commodities. There are of course some factors influencing futures market price action that make many of the...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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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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