World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Overnight trade saw more short covering and mostly firmer prices in response to what were seen as unfavorable weather forecasts – no break in the heat until the weekend and limited rain chances. During the day session, grain and soy prices once again traded both sides. The midday weather model added more rain to its outlook for next week, but it limited the coverage to northern and eastern portions of the Corn Belt which would miss some of the driest areas.  By today's close, soybeans and corn had diverged with soybeans closing higher except for the September contract. Corn finished down a few cents. The current weather conditions are seen as less threatening for corn than soybeans. Trading volume was down noticea...

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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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