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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.1625/bushel, up $0.025 from yesterday's close.  Dec 20 Wheat closed at $6.2275/bushel, down $0.07 from yesterday's close.  Nov 20 Soybeans closed at $10.7375/bushel, up $0.0175 from yesterday's close.  Dec 20 Soymeal closed at $382.4/short ton, up $3.6 from yesterday's close.  Dec 20 Soyoil closed at 33.69 cents/lb up 0.49 cents from yesterday's close.  Dec 20 Live Cattle closed at $103.475/cwt down $1.1 from yesterday's close.  Jan 21 Feeder Cattle closed at $126.2/cwt down $0.875 from yesterday's close.  Dec 20 Lean Hogs closed at $66.2/cwt down $3 from yesterday's close.  Dec 20 WTI Crude Oil closed at $40.64/barrel up $0.61 from yesterday's close.   ...

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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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