Dec 24 Corn closed at $4.01/bushel, up $0.05 from yesterday's close. Dec 24 Wheat closed at $5.515/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10/bushel, up $0.075 from yesterday's close. Dec 24 Soymeal closed at $313/short ton, up $2.1 from yesterday's close. Dec 24 Soyoil closed at 42.01 cents/lb down 0.12 cents from yesterday's close. Oct 24 Live Cattle closed at $178.6/cwt up $0.7 from yesterday's close. Oct 24 Feeder Cattle closed at $237.75/cwt up $1.075 from yesterday's close. Oct 24 Lean Hogs closed at $82.225/cwt up $0.05 from yesterday's close. Oct 24 WTI Crude Oil closed at $73.55/barrel down $2.36 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.
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...