Dec 26 Corn closed at $4.605/bushel, down $0.0125 from yesterday's close. Sep 26 Wheat closed at $6.3025/bushel, down $0.1025 from yesterday's close. Nov 26 Soybeans closed at $11.6875/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $310.9/short ton, down $0.7 from yesterday's close. Dec 26 Soyoil closed at 68.12 cents/lb down 1.02 cents from yesterday's close. Oct 26 Live Cattle closed at $226.325/cwt down $0.575 from yesterday's close. Sep 26 Feeder Cattle closed at $345.25/cwt up $0.675 from yesterday's close. Oct 26 Lean Hogs closed at $83.325/cwt down $0.35 from yesterday's close. Sep 26 WTI Crude Oil closed at $83.2/barrel up $1.07 from yesterday's close. &nbs...
Key Takeaways: Soymeal with 44 percent protein generally contains more soybean hulls and fiber, while 48 percent soymeal is more extensively dehulled, resulting in higher protein concentration and lower fiber. CBOT soymeal futures were lowered from a 48 percent to 47.5 percent protein specific...
The trade deficit contracted slightly to $73.3 billion in June, a break from the volatility that has underscored international trade over the past year. Despite the small change, there was plenty of activity behind the scenes: imports fell $7.3 billion, led by crude oil, reflecting cheaper crud...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s annual urban consumer inflation rate is at 14.9 percent for July 2026, up from 14.3 percent in June. Nationwide annual inflation stands at 13.0 percent. Pakistan’s wheat and wheat flour prices continue to move...
Beef packer margins deteriorated sharply to -$167/head last week, down $89 from the prior week as fed cattle prices rebounded while the Choice cutout continued to weaken. The cutout slipped to $363/cwt, while fed cattle prices climbed to $235/cwt, reversing much of the recent improvement in pac...
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.