World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The market still isn’t ready to decide whether the general dryness over the western Corn Belt and northern Plains is enough to reduce corn yields to more bullish levels. Meanwhile, Minneapolis wheat futures took over the lead again today, although KC and Chicago were not lagging far behind. General Comments Markets were quiet in lightly-traded overnight volume. Corn was steady, but wheat and soybeans were slightly higher. Weather forecasts are pretty consistent today. Most of the western Corn Belt and northern Plains will be basically dry for the next week to 10 days with temperatures normal to above normal. There isn’t any moisture relief in sight for the 60-70 percent of this region that needs rain to hold yields together. Most analyst...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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The CPI released this morning showed that August prices increased 0.4 percent and 2.9 percent over the last 12 months. For food at home, the index rose to 0.6 percent in August and for 0.3 percent for food away from home. The August data compares to a drop of -0.1 percent in July and 2.7 percen...

feed-grains soy-oilseeds wheat

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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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