GOOD MORNING, The market continued to respond to the USDA report on Monday with grains undergoing a round of long liquidation while shorts covered in some of their bean positions. Beans further popped yesterday following the announcement of a delay in new tariffs on China. As to talks, US Commerce Sec Ross said no date has been set for the next face-to-face China/US trade talks while adding that there was no quid pro quo from China regarding the US decision to put off tariffs on some Chinese goods. Bean bears are on guard now in case China does purchase some as a goodwill gesture. The political scene is getting very interesting in Argentina where President Macri could be challenged. Typically, Argentine...
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.