Wheat spent the session mostly higher while corn, soybeans, and soymeal bounced around treading lower but eking out gains later in the action. Part of this was position squaring ahead of tomorrow’s July WASDE report by USDA. It will be a bull/bear square off with any surprise to the bulli...
Yesterday, the federal government filed suit against California over Proposition 12’s effects on egg prices under the Egg Products Inspection Act of 1970, which sets standards to ensure eggs and egg products are properly labeled and packaged while preempting state law that imposes additio...
Heading into the USDA’s July WASDE report on Friday, WPI offers our outlook on the 2025/26 U.S. grain balance sheets and the season-average price. The big theme from this effort is that 2025/26 grain supplies will be ample and markets will have to move lower to stimulate enough demand to...
Weather is king right now for the grain markets and with no serious threat to the silking corn and pod-setting soybean crops, that meant lower trade at the CBOT. Soybeans bore the brunt of the selling for the day with the favorable weather forecast into early August suggesting the crop will set...
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.