World Perspectives
feed-grains soy-oilseeds wheat

The USDA Reports

USDA released its reports  today, which cover final production estimates for fall-harvested U.S. crops, 1 December quarterly stocks, winter wheat planted area and the usual monthly supply/demand updates. Their bullish tone caught noncommercial funds holding huge short futures positions pretty much across the board.USDA released its reports at 12 p.m. (EST) today, which cover final production estimates for fall-harvested U.S. crops, 1 December quarterly stocks, winter wheat planted area and the usual monthly supply/demand updates. As is often the case when such an array of reports is issued all at once, there was something for everyone. Following are some of the main features:On balance, these reports convey a mild but unexpected bullis...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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.

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