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feed-grains soy-oilseeds wheat

Market Commentary

Following the long weekend, corn and soybean futures were quiet with little change overnight. However, wheat futures suffered double-digit losses on wire service reports that Russian ag ministry officials told exporters that putting restrictions on grain and wheat exports would not be necessary this year. Our understanding from sources is that was a misrepresentation as those officials actually said they would not limit exports at this time but would closely monitor the volumes to determine if action would be needed later. This has Russian exporters betting on a restrictive export tax by late October or November. Nevertheless, wheat futures continued to sink during the day session. When wheat prices sank below support at last week’s l...

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feed-grains soy-oilseeds wheat

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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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