World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Funds Resume Soy Complex Selling; Wheat Falls on Improved Weather

The CBOT was almost uniformly in the red on Tuesday with any bullish supply-side implications from the November WASDE largely forgotten (or ignored) amid bearish demand-side developments. The recent rally in the U.S. dollar is threatening to undo much of the export demand gains the market has won and favorable weather in South America is promising strong export competition for soybeans. Too, the switching of administrations in Washington, D.C. is causing uncertainty in many aspects, one of which is biofuels policy. That latter fact helped tank the soyoil market for the day, with the spot contract posting a 4 percent loss. Funds are increasingly returning to the short side of the market in the soy complex and wheat as fundamental and chart c...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Wheat, New Highs for Cattle; Soybeans Eye Trade Talks

President Trump walked back some of his statements regarding China over the weekend, which allowed ag markets to breathe more easily this week. Soybeans and soyoil managed to post small gains to start the week after Friday’s trade-war-news-induced collapse, with traders turning hopeful th...

Various Campaigns Diagnosed; EU Dependency

Various Campaigns Diagnosed  Climate Change: Since the Paris Accord in 2015, environmentalists have poured hundreds of millions of dollars publicizing the dangers of climate change. They’ve had the buy-in from elites and a cooperative media ecosystem giving attention to the “cr...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.0225 from yesterday's close.  Dec 25 Wheat closed at $4.9675/bushel, down $0.0175 from yesterday's close.  Nov 25 Soybeans closed at $10.0775/bushel, up $0.01 from yesterday's close.  Dec 25 Soymeal closed at $274.1/short ton, down $0...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Wheat, New Highs for Cattle; Soybeans Eye Trade Talks

President Trump walked back some of his statements regarding China over the weekend, which allowed ag markets to breathe more easily this week. Soybeans and soyoil managed to post small gains to start the week after Friday’s trade-war-news-induced collapse, with traders turning hopeful th...

Various Campaigns Diagnosed; EU Dependency

Various Campaigns Diagnosed  Climate Change: Since the Paris Accord in 2015, environmentalists have poured hundreds of millions of dollars publicizing the dangers of climate change. They’ve had the buy-in from elites and a cooperative media ecosystem giving attention to the “cr...

livestock

Cattle Market Relief on the Way, But to What End? And, Higher Tariffs on China

USDA is expected to announce details in the next few weeks on its plan to encourage cattle herd expansion after Agriculture Secretary Brooke Rollins recently pledged to “expand access to working lands” and “develop risk mitigation tools.” These options will be relied on...

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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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