World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Sept Wheat Big Open Interest

SPREADS Sep crush firms back to 98c/bu while oilshare eases off its monthly highs to trade to 31.78 percent.   September contract liquidation continues, with deferred spreads widening out for corn.  Dec/March trades out to 10c from 9 1/2c.  The Dec/Dec inverse weakens below 10c to trade back to 9 1/2c.   Sep/Dec corn firms into 8 1/2c from 9c while Sep/Dec wheat trades from 7 1/4c to 7 3/4c.  September wheat still holds the largest amount of open interest for now, at 172,710 contracts vs. Dec at 114,342 contracts.  September open interest was down 4,931 contracts suggesting long liquidation.  December corn open interest stands at 528,334 vs. Dec at 747,697 contracts.  Most of the spread tr...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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