GOOD MORNING, Finally......election day is here. Many of the markets have gyrated to the unknowns of this event, and Ags are not immune. However, the November 10 WASDE is around the corner, and that will better clarify where prices should be right now. Tighter carryouts, lower yields, and higher exports are on the menu. Prices are hinting at trading ranges, as possible new shorts in corn fight it out with old and new longs. Corn also finds some support with US prices competitive. Beans bounce back after always appearing ready to go over the edge. Traders are watching for signs that China is entering the market on breaks. Beans are higher with Reuters reporting that a conta...
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.