World Perspectives
feed-grains soy-oilseeds wheat

Closing Bell Wrap-Up

Weather support and trade optimism boosted the grains markets today. The spread unwinding that hammered the wheat market yesterday was done, allowing the complex to recover. Livestock futures were mixed with a bullish rally stalled for today.  U.S. equities mixed presently with the S&P up fractionally and the Dow down 1/3 of one percent. The CBOE’s VIX index is down 8 points while COMEX gold is up $1/ounce. The U.S. dollar is up another 5 points at 93.59 while the Brazilian real and Argentine peso are 1.2 and 0.3 percent higher, respectively.  Corn July corn gained 2 cents/bushel today and remained above the 10- and 20-day MA. December corn added 2 ¼ cents in value and remains above the relevant moving averages...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

livestock

Livestock Roundup: China Impact on Red Meat Markets

Pork export sales for the week ending 26 June slowed, following the large volume booked the previous week. However, in the last five weeks pork export sales have averaged over 30,000 MT per week. That is strong for this time of year. Outstanding pork sales at 202,497 MT are running about 10 per...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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