World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments When USDA reported that as of last Sunday 53 percent of the intended corn acreage had been planted, it provided a pretty clear signal to grain and soy market longs that cashing at least some of their gains would be a prudent move. So that is what they did. The selling began in the overnight e-session, and it continued during the day session, finally pressuring everything to lower closes. Everything except new crop soybeans, that is. They closed in robust fashion, comparatively speaking.Commercials report seeing a slight pickup in country marketing of nearby corn, but not enough to cool off the hot cash bids from exporters and ethanol producers. Even during down day the July/December corn inverse held above 90 cents.The p...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.855/bushel, up $0.015 from yesterday's close.  Jul 25 Wheat closed at $5.45/bushel, up $0.005 from yesterday's close.  Jul 25 Soybeans closed at $10.5925/bushel, down $0.0275 from yesterday's close.  Jul 25 Soymeal closed at $298.5/short ton, up $1.8 from...

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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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