Dec 25 Corn closed at $4.18/bushel, down $0.0175 from yesterday's close. Dec 25 Wheat closed at $5.1925/bushel, down $0.0025 from yesterday's close. Nov 25 Soybeans closed at $10.27/bushel, down $0.06 from yesterday's close. Dec 25 Soymeal closed at $284/short ton, up $0.3 from yesterday's close. Dec 25 Soyoil closed at 51.23 cents/lb down 0.7 cents from yesterday's close. Oct 25 Live Cattle closed at $235.975/cwt down $0.975 from yesterday's close. Oct 25 Feeder Cattle closed at $357.9/cwt down $1.05 from yesterday's close. Oct 25 Lean Hogs closed at $96.025/cwt up $1 from yesterday's close. Oct 25 WTI Crude Oil closed at $61.87/barrel down $1.61 from yesterday's close. ...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...