World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.195/bushel, down $0.0175 from yesterday's close.  Sep 24 Wheat closed at $5.74/bushel, down $0.07 from yesterday's close.  Nov 24 Soybeans closed at $11.215/bushel, up $0.085 from yesterday's close.  Dec 24 Soymeal closed at $329.2/short ton, up $0.9 from yesterday's close.  Dec 24 Soyoil closed at 47.91 cents/lb up 1.19 cents from yesterday's close.  Aug 24 Live Cattle closed at $185.925/cwt up $0.825 from yesterday's close.  Aug 24 Feeder Cattle closed at $263.375/cwt up $2.275 from yesterday's close.  Aug 24 Lean Hogs closed at $89.825/cwt up $0.05 from yesterday's close.  Aug 24 WTI Crude Oil closed at $83.75/barrel up $0.94 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

Market Commentary: Lower Volume, Soyoil Spikes, and Short Covering

Volume was expected to be light today given yesterday’s holiday and a weekend ahead. And it was low for corn, soybeans, soymeal, and all three wheats. Plus, there is little new or different information when it comes to fundamentals.  For the week, it was soyoil that stood out above t...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for June 21-27, 2024 Wheat:  Net sales of 805,300 metric tons (MT) for 2024/2025 primarily for Mexico (154,700 MT), the Philippines (154,400 MT, including decreases of 1,500 MT), Taiwan (104,200 MT), Brazil (90,000 MT), and South Korea (67,400 MT), were offset by...

soy-oilseeds

Oilseed Highlights: Soyoil Drives Reversal for Soybeans, But Not Soymeal

The Market  After hitting a four-year low last week, November soybeans reversed course this week, adding 25.75 cents (2.33 percent) to end at 1129.75/bushel. It was driven by strong demand in soyoil for renewable diesel, and possible trade retaliation by China against major palm oil suppli...

feed-grains soy-oilseeds wheat

Market Commentary: Lower Volume, Soyoil Spikes, and Short Covering

Volume was expected to be light today given yesterday’s holiday and a weekend ahead. And it was low for corn, soybeans, soymeal, and all three wheats. Plus, there is little new or different information when it comes to fundamentals.  For the week, it was soyoil that stood out above t...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for June 21-27, 2024 Wheat:  Net sales of 805,300 metric tons (MT) for 2024/2025 primarily for Mexico (154,700 MT), the Philippines (154,400 MT, including decreases of 1,500 MT), Taiwan (104,200 MT), Brazil (90,000 MT), and South Korea (67,400 MT), were offset by...

soy-oilseeds

Oilseed Highlights: Soyoil Drives Reversal for Soybeans, But Not Soymeal

The Market  After hitting a four-year low last week, November soybeans reversed course this week, adding 25.75 cents (2.33 percent) to end at 1129.75/bushel. It was driven by strong demand in soyoil for renewable diesel, and possible trade retaliation by China against major palm oil suppli...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.195/bushel, down $0.0175 from yesterday's close.  Sep 24 Wheat closed at $5.74/bushel, down $0.07 from yesterday's close.  Nov 24 Soybeans closed at $11.215/bushel, up $0.085 from yesterday's close.  Dec 24 Soymeal closed at $329.2/short ton, up $0.9 from...

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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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