World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets were quietly steady overnight in light trading volume. They then started higher this morning on the heels of several export sales announcements, including the following: 257,000 MT of soybeans to China 126,000 MT of soybeans to unknown 134,000 MT of corn to Costa Rica 130,000 MT of soft red winter wheat to unknown The driest parts of southern Brazil and Argentina still appear to be in for some rains over the next week or so. Temperatures in the dry areas, however, will soar again this weekend. Weather in those two countries is still about the only near-term factor that could have a positive influence on prices. Trading volume was very light early, but closing volumes were close to average. U.S. equity markets had another b...

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feed-grains soy-oilseeds wheat

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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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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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