WHEAT Harvest advanced 13.1 percent week over week, reaching 73 percent of total area, with yields remaining above average and above earlier expectations. As a result, the Buenos Aires Grain Exchange raised its production estimate to 27.1 MMT, broadly in line with the Rosario Board of Trade&rsq...
Dry-bulk freight markets are mixed this week with pre-holiday trade driving diverging trends. The Capesize sector saw some strength, primarily in the Atlantic, with demand for Brazilian loadings driving the market. Panamax and Supramax markets, in contrast, saw weaker pricing as ballaster...
There was lower volume in the grain pits today, with perhaps some stronger interest in the last few days of holiday shopping. Traders were not buying corn or soybeans for their loved ones today, but maybe a wee bit of HRS, which closed up today and uniquely was higher for the week. There were...
USDA’s monthly Cattle on Feed report was released today. Total cattle on feed amounted to 11.7 million head, 98 percent of last year. Placements were the lowest for the month of November since the series began in 1996, dropping 11 percent on the year due to a tight cattle su...
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.