Mar 25 Corn closed at $4.9025/bushel, down $0.0675 from yesterday's close. Mar 25 Wheat closed at $5.665/bushel, up $0.04 from yesterday's close. Mar 25 Soybeans closed at $10.44/bushel, down $0.165 from yesterday's close. Mar 25 Soymeal closed at $304.7/short ton, down $5.1 from yesterday's close. Mar 25 Soyoil closed at 44.98 cents/lb up 0.01 cents from yesterday's close. Apr 25 Live Cattle closed at $201.5/cwt down $3.45 from yesterday's close. Mar 25 Feeder Cattle closed at $273.2/cwt down $2.075 from yesterday's close. Apr 25 Lean Hogs closed at $91.925/cwt up $0.6 from yesterday's close. Mar 25 WTI Crude Oil closed at $73.01/barrel up $0.39 from yesterday's close. ...
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.
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the peak positions they had built. CNN’s Live Updates blared, “No signs Trump and Xi resolved any thorny challenges.” By...
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi made some “fantastic” trade deals. Both countries reported the meetings as a success, but that has more to do with positioning...
Key Takeaways Weather conditions in China and India are deteriorating and threatening the wheat crops. Drought conditions in China are not without precedent, and modeling efforts suggest a modest 1.5 percent yield reduction vs. 2025. India’s wheat yields are forecast to fall 3 perc...