GOOD MORNING, Prices are lower across the board this morning as better than expected rainfall crosses portions of the Midwest that need it. Corn futures feature a bit of long liquidation pre-report, with funds selling November beans as they remain closer to the high side of the trading range. The strong band of storms crossing Iowa, Missouri and Illinois this morning are creating a round of selling pressure. WEATHER Western Corn Belt had 1" and locally heavier rainfall favoring southern and western areas during the night. Heavy showers are crossing Monday in Wisconsin, Michigan and northern Illinois, east-central Indiana and Ohio. Drier parts of Iowa are also seeing rainfall, and we will see if t...
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.