Dec 25 Corn closed at $4.215/bushel, down $0.005 from yesterday's close. Dec 25 Wheat closed at $5.195/bushel, down $0.0025 from yesterday's close. Nov 25 Soybeans closed at $10.105/bushel, down $0.0325 from yesterday's close. Dec 25 Soymeal closed at $275.4/short ton, up $0.8 from yesterday's close. Dec 25 Soyoil closed at 49.69 cents/lb down 0.5 cents from yesterday's close. Dec 25 Live Cattle closed at $233.825/cwt down $0.475 from yesterday's close. Nov 25 Feeder Cattle closed at $353.875/cwt down $0.6 from yesterday's close. Dec 25 Lean Hogs closed at $90.35/cwt down $0.7 from yesterday's close. Nov 25 WTI Crude Oil closed at $63.12/barrel down $2.6 from yesterday's close. ...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...
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.