GOOD MORNING, Soy and grains are mixed this morning after hitting some key target highs. May meal posts a new contract high at $336.30, while May beans stop short of gap-fill with a high at $8.85. May corn prices take a stab at a trade over $3.45, but are turned back so far. May soyoil charts appear to be basing with a trade back over 26c, as higher palm provides spill-over strength. July wheat buyers take a step back after condition ratings dramatically improved for US winter wheat. As the stock market continues to undergo its rebalancing and liquidation phase due to the Coronavirus unknowns, Ag prices are beginning to show some muscle. Though corn and soyoil are linked to the sinking energ...
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.