World Perspectives
feed-grains soy-oilseeds wheat

Few Expectations for Tomorrow’s USDA Reports

USDA will release its June WASDE and winter wheat production updates at 7:30 a.m. CT tomorrow morning. Few major changes are expected, but the biggest change will be that the markets will be open and trading when the reports are released. The open outcry session will open at 7:20 a.m. to accommodate the report. The computer servers at USDA should be humming as well, since they are involved in electronic trading. We sense a real reluctance by USDA to make any significant changes to the U.S. supply and demand numbers tomorrow. Weather has been far from perfect, but not bad enough to believe that they will lower yield estimates for corn and soybeans. The really important reports, the quarterly stocks and planted acreage estimates, are just t...

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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.

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