World Perspectives
feed-grains

AM Outlook - Seesaw Continues

GOOD MORNING, The markets opened on a steady note, but the weight of harvest upon the markets sent prices into the red even though they remain off their Friday lows for now.  The report was neutral to bearish, but the hurricane had factored in much negativity before the data leaving room for a relief rally.  End-users, bargain hunters, and bears took advantage of the price drop in corn Friday to square up, while new sellers could be looking to go short in beans on a rally.   Here is a further break-down of the report: Corn:  yield at 176.3 bpa with production at 14,996 mln bu was higher than expected.  Planted acreage waas up .6 mln acres.  Illinois yield was record large at 214 bpa.  Other record...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Trying to Find New Ranges

The CBOT saw more bullish influences on Monday from Friday’s WASDE report in which USDA slashed the 2024 U.S. corn and soybean yields. After considering the numbers and implications over the weekend, traders decided there was enough demand for both products and, if USDA’s latest numbers are cor...

Coming Nominations Hearings

President-elect Trump’s inauguration is in one week. In the meantime, the Senate will soon start confirmation hearings on several of his cabinet nominees. Here’s a look at a few of those upcoming hearings.The Energy and Public Works Committee will consider the nomination of former Rep. Lee Zeld...

Greedflation’s Weaknesses; UPF Attack

Greedflation’s WeaknessesThe U.S. government is suing apartment owners for using RealPage software algorithms for setting rents. The grocery industry may be the next target of this assault. Critics charge RealPage of price fixing since its software optimizes what rental companies can charge. Be...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Trying to Find New Ranges

The CBOT saw more bullish influences on Monday from Friday’s WASDE report in which USDA slashed the 2024 U.S. corn and soybean yields. After considering the numbers and implications over the weekend, traders decided there was enough demand for both products and, if USDA’s latest numbers are cor...

Coming Nominations Hearings

President-elect Trump’s inauguration is in one week. In the meantime, the Senate will soon start confirmation hearings on several of his cabinet nominees. Here’s a look at a few of those upcoming hearings.The Energy and Public Works Committee will consider the nomination of former Rep. Lee Zeld...

Greedflation’s Weaknesses; UPF Attack

Greedflation’s WeaknessesThe U.S. government is suing apartment owners for using RealPage software algorithms for setting rents. The grocery industry may be the next target of this assault. Critics charge RealPage of price fixing since its software optimizes what rental companies can charge. Be...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.765/bushel, up $0.06 from yesterday's close. Mar 25 Wheat closed at $5.45/bushel, up $0.1425 from yesterday's close. Mar 25 Soybeans closed at $10.53/bushel, up $0.2775 from yesterday's close. Mar 25 Soymeal closed at $307.8/short ton, up $9.5 from yester...

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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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