World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Market Gets a Bounce Ahead of Long Weekend

Commodity markets retraced some of the losses from Thursday, ending higher on Friday but not necessarily for the week. Corn is on a roll, nearing heights not seen in more than a year, but even cattle lost some of their bullish glow this week.  01172025MC_weeklychange.png 22.13 KBA key vector has been weather in South America, and that has not changed. Doubts about whether Argentina will receive salvation-level rains are increasing. Now added as a wildcard is the inauguration of Donald Trump as U.S. president on Monday. While he and Chinese President Xi Jinping reportedly spoke today, no one is expecting a smooth ride ahead. Theoretically, he could get China to recommit to the agriculture purchases agreed to in 2020, but there will like...

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feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

The geopolitics of war in Iran are said to now be eclipsing any market focus on next week’s USDA March WASDE report. Volumes were modest in today’s trading, but the message was nonetheless clear – shipping grain and inputs is getting complicated.  Notably, the ratio of De...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.605/bushel, up $0.07 from yesterday's close.  May 26 Wheat closed at $6.1675/bushel, up $0.33 from yesterday's close.  May 26 Soybeans closed at $12.0075/bushel, up $0.215 from yesterday's close.  May 26 Soymeal closed at $317.2/short ton, up $7.9 from ye...

Farm Bill Clears House of Representatives

After two days of mark-up, the so-called “skinny farm bill,” the Farm, Food, and National Security Act, cleared the House of Representatives Agriculture Committee by a vote of 34-17, with 7 Democrats joining all 27 Republicans voting in favor. It will now move to the House floor and...

feed-grains soy-oilseeds wheat

Market Commentary: War, Crude Oil Still Dominate

The geopolitics of war in Iran are said to now be eclipsing any market focus on next week’s USDA March WASDE report. Volumes were modest in today’s trading, but the message was nonetheless clear – shipping grain and inputs is getting complicated.  Notably, the ratio of De...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.605/bushel, up $0.07 from yesterday's close.  May 26 Wheat closed at $6.1675/bushel, up $0.33 from yesterday's close.  May 26 Soybeans closed at $12.0075/bushel, up $0.215 from yesterday's close.  May 26 Soymeal closed at $317.2/short ton, up $7.9 from ye...

Farm Bill Clears House of Representatives

After two days of mark-up, the so-called “skinny farm bill,” the Farm, Food, and National Security Act, cleared the House of Representatives Agriculture Committee by a vote of 34-17, with 7 Democrats joining all 27 Republicans voting in favor. It will now move to the House floor and...

feed-grains soy-oilseeds wheat

Middle East Grain Trade Trends

Somewhat lost in the current discussion over the impacts of the conflict in Iran and the Persian Gulf is the impact on grain trade. The region is not usually at the top of grain market analysts’ thinking when it comes to major demand centers, yet it accounts for significant global grain c...

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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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