Dec 26 Corn closed at $5.275/bushel, down $0.015 from yesterday's close. Dec 26 Wheat closed at $7.07/bushel, down $0.015 from yesterday's close. Nov 26 Soybeans closed at $13.175/bushel, down $0.005 from yesterday's close. Dec 26 Soymeal closed at $372.4/short ton, up $1.8 from yesterday's close. Dec 26 Soyoil closed at 67.55 cents/lb down 0.26 cents from yesterday's close. Dec 26 Live Cattle closed at $221.1/cwt down $1.25 from yesterday's close. Nov 26 Feeder Cattle closed at $328.075/cwt down $1.425 from yesterday's close. Dec 26 Lean Hogs closed at $69.475/cwt down $0.85 from yesterday's close. Nov 26 WTI Crude Oil closed at $95.27/barrel up $3.11 from yesterday's close. ...
What You Need to Know Today: Chinese President Xi Jinping arrived at the White House today as part of a highly anticipated three-day visit to the United States, marking his first visit to Washington in eleven years. Trade is expected to feature prominently in discussions with President Trump,...
Officials from the Trump Administration are reportedly considering rolling back the Administration’s beef import plan as there is a growing panic about the midterm elections. The proposal to reduce the 300,000 MT of beef imports – 100,000 MT for September – is being discussed...
Key Takeaways: The United States shifted from a decades-long agricultural trade surplus to a growing deficit, reaching roughly forty-one to forty-four billion dollars in recent fiscal years, a structural change rather than a cyclical dip. Brazil has overtaken the United States as the leading s...
Key Takeaways: Dry bulk markets are steady/firmer this week with Handysize vessels making the biggest gains. In particular, strong grain demand has improved Handysize rates, along with charterers dipping down into the smaller vessel classes after the recent Panamax and Supra/Ultramax ral...
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.