World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Markets Enter May like a Lion, Leave as a Lamb

Usually, it’s the month of March that comes in like a lion and leaves like a lamb, but commodity markets chose to follow that pattern in May, which creates an interesting summer outlook. With Friday’s trade concluding the month of May, it’s notable that the major ag markets all settled lower and abandoned their early-month trends of roaring higher on broad-based weather concerns. Friday’s trade saw corn, soybeans, and wheat all settle lower with corn and soybeans breaking below key technical support points, despite lingering acreage questions. Today is the prevent plant date for corn in several states and many are wondering if these acres will be seeded amid a wet seven-day forecast. Even if they get planted, the cro...

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biofuel energy

E15: What Does It Mean?

Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

biofuel energy

E15: What Does It Mean?

Previous administrations—including that of President Donald Trump—have promoted domestic consumption of corn and soybeans through expanded biofuel mandates and subsidies. The original framework for this policy was the Energy Independence and Security Act of 2007, which required the...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.555/bushel, up $0.0125 from yesterday's close.  Jul 26 Wheat closed at $6.2025/bushel, up $0.1325 from yesterday's close.  May 26 Soybeans closed at $11.5975/bushel, down $0.0475 from yesterday's close.  Jul 26 Soymeal closed at $316.5/short ton, up $0.2...

feed-grains soy-oilseeds wheat

Market Commentary: War Sustains Wheat; Corn Up Fifth Day

The Middle East truce is a rough one and the uncertainty spiked oil prices and the dollar again for another day. The wheat market has droughty conditions in the U.S., but globally there is pressure on a crop that gets both its fertilizer and a chunk of its demand from this volatile region. ...

livestock

Rotisserie Chicken Proposed to be Allowed Under SNAP

Senators Jim Justice (D-West Virginia), John Fetterman (D-Pennsylvania), Shelley Moore Capito (R-West Virginia), and Michael Bennet (D-Colorado) introduced the Hot Rotisserie Chicken Act, which would allow Supplemental Nutrition Assistance Program (SNAP) participants to purchase hot rotisserie...

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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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