World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 21 Corn closed at $5.39/bushel, up $0.005 from yesterday's close.  May 21 Wheat closed at $6.385/bushel, down $0.04 from yesterday's close.  May 21 Soybeans closed at $14.1325/bushel, down $0.0025 from yesterday's close.  May 21 Soymeal closed at $400.7/short ton, down $4.1 from yesterday's close.  May 21 Soyoil closed at 55.36 cents/lb up 0.75 cents from yesterday's close.  Apr 21 Live Cattle closed at $119/cwt up $0.475 from yesterday's close.  Apr 21 Feeder Cattle closed at $143.225/cwt up $1.95 from yesterday's close.  Apr 21 Lean Hogs closed at $91.4/cwt down $0.1 from yesterday's close.  Apr 21 WTI Crude Oil closed at $65.64/barrel down $0.38 from yesterday's close.   ...

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Tomorrow, 29 March is a holiday for the CBOT/CME markets in observance of Good Friday. Please note that our office will also be closed. The next Ag Perspectives will be published Monday, 1 April. ...

feed-grains soy-oilseeds wheat

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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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