GOOD MORNING Prices are mixed with new contract highs in corn, but everything lower this morning as head into first day and end-of-month profit-taking. Prices start out the PM session on a bullish note, but fund profit-taking seems to be the theme heading into the last day of November. Jan beans nearly hit $12.00, but will begin on its lows today. In terms of news, traders continue to analyze the slow-down and recent bean cancellations out of China. On the other hand, a vessel carrying 30,500 mt of beans from the US is due to arrive in Brazil, according to the Paranagua port authority, as supplies in this country are tight until new crops can be harvested. For corn, the International Grains Council lower...
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.