World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Today was a government holiday (Veterans Day) in the United States. Banks were also closed, but the markets all traded full sessions. The results of the holiday, however, were:

No USDA weekly export inspections No weekly crop progress report No export sales announcements

These reports will be released Tuesday. This situation left the markets with little to talk about except the remnants of last Friday's USDA reports that were considered slightly more positive than expected for corn and soybeans and slightly bearish for wheat. Today's pattern of trading, however, was different from Friday in that the soy complex was slightly lower much of the session, while corn was the leader with wheat also trading higher earl...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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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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