World Perspectives
biofuel energy

Liquid Fuels Relief Request

The Renewable Fuels Association yesterday requested “equitable” relief for the “liquid fuel industries” given the coronavirus and the Russian/Saudi crude oil price war. In a statement, RFA noted:  While the policy response to turbulence in the energy markets has so far focused largely on supporting crude oil producers, we urge the Administration to recognize that biofuel and agricultural commodity markets are suffering as well. …we implore the Trump administration to take action that equitably supports all liquid fuel industries—including ethanol producers—during this time of unprecedented market uncertainty and unrest. We heard the comment today from a colleague that “now that gasoli...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.155/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.47/bushel, down $0.0075 from yesterday's close.  Nov 25 Soybeans closed at $10.0725/bushel, down $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $282.9/short ton, down $1...

Trump’s Realpolitik; Tariff Reality; Farmer Gerontology

Trump’s Realpolitik Peter Thiel and others have said they backed Mr. Trump for the presidency not as ideal governance, but as a disruptor of a stagnant system, someone to clear out the sclerotic elites clinging to their benefits. The U.S. president and his realpolitik has prompted every n...

feed-grains soy-oilseeds wheat

Market Commentary: Soybeans Break Support on Good Weather; Wheat, Corn Bounce off Lows

Weather is king right now for the grain markets and with no serious threat to the silking corn and pod-setting soybean crops, that meant lower trade at the CBOT. Soybeans bore the brunt of the selling for the day with the favorable weather forecast into early August suggesting the crop will set...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.155/bushel, up $0.0125 from yesterday's close.  Sep 25 Wheat closed at $5.47/bushel, down $0.0075 from yesterday's close.  Nov 25 Soybeans closed at $10.0725/bushel, down $0.1025 from yesterday's close.  Dec 25 Soymeal closed at $282.9/short ton, down $1...

Trump’s Realpolitik; Tariff Reality; Farmer Gerontology

Trump’s Realpolitik Peter Thiel and others have said they backed Mr. Trump for the presidency not as ideal governance, but as a disruptor of a stagnant system, someone to clear out the sclerotic elites clinging to their benefits. The U.S. president and his realpolitik has prompted every n...

FOB Prices and Freight Rates App (Updated 9 July)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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