GOOD MORNING, Prices are mixed today as crop ratings will be released at 3:00 PM central time, and they are expected to show stable to perhaps better ratings for corn and beans. Ideas continue to float that China may purchase more bean and corn contracts. Tight supplies of domestic corn in China continue, and ideas are that China will continue to purchase US beans if trade tensions do not return. US, Russian, and Argentine farmers are slow sellers. Corn: Nearby corn spreads are trending weaker as good weather brings the potential for higher yields. Chinese corn prices continue to firm as their domestic reserves are tight, and auctions continue on a weekly basis. There is chatter that...
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.