GOOD MORNING, Prices are generally lower this morning on neutral crop progress conditions and chart back-filling from recent highs. Oilshare continues to soften as traders buy meal/sell soyoil on better meal demand. Chinese meal prices closed higher as well as they continue to follow US strength. China's recovering swine and poultry sector suggests that meal demand could continue to rise for the balance of the year. For now, Chinese ports are saturated with recent purchases while crush is running ahead of last year's numbers. Brazil's depreciating currency resulted in farmers selling a record amount of beans to China in the first months of 2020. WEATHER - The 6/10 day outlook calls for isolated showers over...
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.