Dec 26 Corn closed at $4.5125/bushel, down $0.005 from yesterday's close. Dec 26 Wheat closed at $6.0375/bushel, up $0.0475 from yesterday's close. Jan 27 Soybeans closed at $12.3475/bushel, down $0.0325 from yesterday's close. Dec 26 Soymeal closed at $329.3/short ton, down $6.4 from yesterday's close. Dec 26 Soyoil closed at 65.64 cents/lb up 0.08 cents from yesterday's close. Dec 26 Live Cattle closed at $226.3/cwt down $1.025 from yesterday's close. Jan 27 Feeder Cattle closed at $341.95/cwt down $0.15 from yesterday's close. Dec 26 Lean Hogs closed at $59.825/cwt up $1.225 from yesterday's close. Dec 26 WTI Crude Oil closed at $102.8/barrel up $0.02 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.
Markets are getting into the Halloween spirit, handing out more tricks than treats. There has been some encouraging news, but it hasn’t been enough to slow the broader slide. Now buyers need to show up with something other than another “Charlie Brown” rock for the bag. Somethi...
The new USDA report from the Agricultural Marketing Service (AMS) for Colorado, New Mexico, Texas, Oklahoma, and Kansas, the newly dubbed South Central Daily Direct Slaughter Cattle Report Summary, showed that negotiated cash trade in the region as of Tuesday was mostly inactive, with only ligh...
Key Takeaways: The United States, Brazil, Argentina, and Ukraine dominate global corn exports, with geography, trade relationships, and seasonal production patterns shaping their competitive advantages. U.S. corn exports reached a record 87.1 MMT in 2025/26, with Mexico, Japan, South Korea, an...
Key Takeaways: Milk alone has not covered the full economic cost in any year since 2021: milk revenue fell short by $4.50, $2.15, $6.50, $1.27 and $2.34 per hundredweight in 2021 through 2025. Calf and cattle prices decided whether dairies cleared cost: cattle and other income lifted total rev...