World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 23–27 September 2024 The Russian grain market was bullish in European Russia but bearish in the Asian part and Siberia because Kazakhstan introduced a temporary ban on imports of Russian wheat. Grain storage facilities are being filled up to the brim with new crop coming in. Moreover, with less competition in the ports (most of the multinationals stopped their origination business in Russia and Trade House Reef is also gone), Russian farmers will be in a bind as exporters are not in a hurry to increase their bids, at least at this point. Even though wheat production this season in Russia is around 10 MMT lower than a year ago, wheat stocks are ample. Russian analysts believe that famers are refusing to invest...

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feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.025/bushel, up $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.1075/bushel, up $0.0425 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, up $1 from y...

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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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