World Perspectives
softs

Say Cheese!

Ilena Peng from Bloomberg has written about the expansion of U.S. cheese exports. Former French President Charles de Gaulle once noted that his country has hundreds of different cheeses and the U.S. had hundreds of different religions. But the U.S. has since become a major producer of many different types of cheese, has won numerous awards for their quality, and is now second to Europe in supplying the rest of the world with cheese. Global cheese demand is growing at nearly 6 percent CAGR and the U.S. is riding that wave.  Ms. Peng notes that American processors are building new plants across the country. U.S. cheese exports have increased each month over the past ten months despite a rising dollar. U.S. cheese exports increased 15 pe...

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Summary of Futures

May 26 Corn closed at $4.485/bushel, up $0.05 from yesterday's close.  May 26 Wheat closed at $5.915/bushel, up $0.17 from yesterday's close.  May 26 Soybeans closed at $11.7075/bushel, up $0.0725 from yesterday's close.  May 26 Soymeal closed at $320.5/short ton, down $0.4 from...

feed-grains soy-oilseeds wheat

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Cold Storage Report: Up over Last Month, Down on the Year

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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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