Dec 24 Corn closed at $4.2125/bushel, up $0.0075 from yesterday's close. Sep 24 Wheat closed at $5.81/bushel, down $0.0925 from yesterday's close. Nov 24 Soybeans closed at $11.13/bushel, up $0.02 from yesterday's close. Dec 24 Soymeal closed at $328.3/short ton, down $4.3 from yesterday's close. Dec 24 Soyoil closed at 46.72 cents/lb up 0.97 cents from yesterday's close. Aug 24 Live Cattle closed at $185.1/cwt up $0.825 from yesterday's close. Aug 24 Feeder Cattle closed at $261.1/cwt up $3.725 from yesterday's close. Aug 24 Lean Hogs closed at $89.775/cwt up $1.6 from yesterday's close. Aug 24 WTI Crude Oil closed at $83.05/barrel down $0.33 from yesterday's close. ...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.