World Perspectives
feed-grains soy-oilseeds softs

An Anniversary of Sorts

Much has happened in the 20 years that have passed since the first genetically modified (GM) soybean crop was harvested in commercial quantities by U.S. farmers in October 1996.After many years of public and private research, field trials and government testing, the first genetically modified (GM) soybean crop was harvested in commercial quantities by U.S. farmers in October 1996. The first commercial GM soybean seeds were developed and sold by Monsanto. That company had a huge vested interest in their success since they were genetically modified to withstand Monsanto’s popular and successful Roundup Ready herbicide. When sprayed on GM soybean fields, it would kill weeds but not harm the plants. Thus, Monsanto would profit from selling GM s...

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feed-grains soy-oilseeds wheat

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Remembering 9-11

Twenty-four years ago, on September 11, 2001, the U.S. experienced one of the most tragic and influential days in the nation’s history. The events of that day would spark great unity, and later division, as our nation grappled with terrorism’s fallout. The days and weeks immediately...

feed-grains soy-oilseeds wheat

Market Commentary: Calm for the Day but Geopolitics Hint at Looming Volatility

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Wheat from the Chaff; Europe Gets Squeezed

Wheat from the Chaff An agricultural meeting in Arkansas last week drew 400 to 500 farmers, a much larger group than expected at harvest time. They vented their angst over low commodity prices, high input costs, and consequently low profitability. One estimate from bankers is that farm bankrupt...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.17/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.15/bushel, down $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.2525/bushel, down $0.06 from yesterday's close.  Dec 25 Soymeal closed at $285.8/short ton, down $3.2...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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