World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets were firm overnight with soybean futures trading as much as 10-11 cents higher. There was then more follow-through buying in the corn market today as short traders covered some of those positions ahead of the long weekend. General Comments Markets were firm overnight with soybean futures trading as much as 10-11 cents higher. Trading was higher today as well, although gains were cut short when Informa released big corn and soybean yield estimates. This was also a holiday session (although volume was average) due to the long Labor Day weekend in the U.S. Markets will not resume trading until 8 p.m. (EDT) Monday.Funds are still holding big short positions in corn and wheat, and most analysts expect the size of those positions increa...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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