World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Weaker But Still Rangebound

THE OPEN May beans: 2 lower May meal:  2.90 lower May soyoil:  8 higher May corn:  1 3/4 lower May wheat:  5 1/2 higher The markets opened as expected with more weakness arising in the soy complex while wheat prices rallied sharply.  Traders were unwinding previous buy corn and bean/sell wheat trade, with the USDA outlook forum showing a slightly more constructive look to wheat plantings.    The Outlook Forum pegged 21/22 corn prices at $4.20, beans at $11.25, and wheat at $5.50.  Other statements were that the US may have to import beans to help ease tight domestic supplies, but further suggested import volumes would be limited on expected higher US soy acres.  In the meantime, the record...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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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