GOOD MORNING, The major trends are shifting a bit, as traders continue to buy grains/sell soy, the opposite of the trend over the last several months. Good growing weather in South America is adding to supply pressure, even as more trade rhetoric turns negative. There are concerns over corn supplies left in the fields and lower global supplies of wheat (Australia's drought), puts wheat on a higher path. Prices started the new month with another beating in the soy complex as new lows did not hold and led to more sell-stops. Traders were surprised at the extent of the sell-off in the soy complex in general. This morning, more hiccups arise for trade with Trump in London saying that a Chinese/US trade agre...
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.