World Perspectives
soy-oilseeds

Oilseed Highlights

Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang jointly announced yesterday in Ottawa that the two countries have reached an agreement regarding the shipment of Canadian canola to China. Excessive Rainfall Becoming a Major Impediment to U.S. Soybean Harvest There is no question 2016 could be a record year for U.S. soybean production. Early harvest results indicate very high soybean yields in the upper Midwest for the most part. This has particularly been the case in the Dakotas where the harvest is most advanced as well as in Indiana and Ohio. However, the problem is that most of the key soybean-growing areas have received so much rainfall in recent weeks that the harvest is going to be delayed by muddy fields. Accu...

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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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