World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.06/bushel, down $0.0125 from yesterday's close.  Dec 24 Wheat closed at $5.69/bushel, up $0.005 from yesterday's close.  Nov 24 Soybeans closed at $10.1425/bushel, down $0.0375 from yesterday's close.  Dec 24 Soymeal closed at $324.1/short ton, down $0.9 from yesterday's close.  Dec 24 Soyoil closed at 40.46 cents/lb down 0.02 cents from yesterday's close.  Oct 24 Live Cattle closed at $176.925/cwt up $1.75 from yesterday's close.  Oct 24 Feeder Cattle closed at $234.725/cwt up $3.775 from yesterday's close.  Oct 24 Lean Hogs closed at $78.8/cwt down $0.7 from yesterday's close.  Oct 24 WTI Crude Oil closed at $68.77/barrel up $0.06 from yesterday's close.   ...

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feed-grains soy-oilseeds wheat

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Tariff and Macro Policy Change Announcements Coming

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Dry-bulk markets were higher last week amid improved freight inquiries, tightening tonnage lists, and traders hoping for increased grain business in late November and early December. Despite hopes to the contrary, there has been essentially no confirmation of any U.S. grain export business to C...

feed-grains soy-oilseeds wheat

Market Commentary: Excitement; Over-Reaction, Under-Reaction

Like Lord Tennyson’s troops lined up in the Crimean War, sometimes we are just fodder in the commodity markets. After 40 days and 40 nights of withdrawal from government data reports, we watched as the momentum built for today’s noon EST release of USDA November WASDE report. In the...

Tariff and Macro Policy Change Announcements Coming

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WPI Grain Transportation Report

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feed-grains soy-oilseeds wheat

Market Commentary: Corn and Beans Bravely Higher Ahead of the WASDE

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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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