World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.6425/bushel, down $0.0475 from yesterday's close.  May 25 Wheat closed at $5.5825/bushel, up $0.01 from yesterday's close.  May 25 Soybeans closed at $10.0975/bushel, down $0.0325 from yesterday's close.  May 25 Soymeal closed at $300.3/short ton, up $3.2 from yesterday's close.  May 25 Soyoil closed at 42.01 cents/lb down 0.7 cents from yesterday's close.  Jun 25 Live Cattle closed at $202.775/cwt down $2.25 from yesterday's close.  May 25 Feeder Cattle closed at $285.1/cwt down $4 from yesterday's close.  Apr 25 Lean Hogs closed at $86.125/cwt up $0.575 from yesterday's close.  May 25 WTI Crude Oil closed at $68.19/barrel up $0.12 from yesterday's close. ...

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feed-grains soy-oilseeds wheat

Market Commentary: Trade Deal News Fails to Excite Ag Markets

The CBOT tried to rally early on Wednesday after traders had the opportunity to react to the U.S.-Japan trade deal, but a lack of details left markets wondering about the true impact on U.S. balance sheets. That meant corn, soybeans, and wheat all settled lower for the day, with favorable Midwe...

15 Percent and Certainty; Purity Tests; Cherry Picking Cherries

15 Percent and Certainty The U.S. trade agreement with Japan announced late yesterday was likely Prime Minister Shigeru Ishiba’s final act. Financial markets reacted positively since the deal at least brings certainty. The surprise concession to 15 percent tariffs now sets a baseline that...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.175/bushel, down $0.005 from yesterday's close.  Sep 25 Wheat closed at $5.405/bushel, down $0.09 from yesterday's close.  Nov 25 Soybeans closed at $10.2275/bushel, down $0.0275 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, down $1...

feed-grains soy-oilseeds wheat

Market Commentary: Trade Deal News Fails to Excite Ag Markets

The CBOT tried to rally early on Wednesday after traders had the opportunity to react to the U.S.-Japan trade deal, but a lack of details left markets wondering about the true impact on U.S. balance sheets. That meant corn, soybeans, and wheat all settled lower for the day, with favorable Midwe...

15 Percent and Certainty; Purity Tests; Cherry Picking Cherries

15 Percent and Certainty The U.S. trade agreement with Japan announced late yesterday was likely Prime Minister Shigeru Ishiba’s final act. Financial markets reacted positively since the deal at least brings certainty. The surprise concession to 15 percent tariffs now sets a baseline that...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.175/bushel, down $0.005 from yesterday's close.  Sep 25 Wheat closed at $5.405/bushel, down $0.09 from yesterday's close.  Nov 25 Soybeans closed at $10.2275/bushel, down $0.0275 from yesterday's close.  Dec 25 Soymeal closed at $285.6/short ton, down $1...

FOB Prices and Freight Rates App (Updated 23 July)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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