Chicago futures remained hopeful in the wake of this week’s U.S.-China trade agreement. Bears are quick to note that an agreement and sales are two very different animals. U.S. soybean exporters will still face a 13 percent tariff into China and there are no clear penalties should China m...
CBOT board soybean crush margins have recently compressed due to the run-up in soybean prices and weakness in soyoil values. The January board crush fell from its recent high of 155.75 cents/bu on 17 October to 140.75 as of this writing, a decrease of about 10 percent. This week’s sudden...
Inflation pressure has added tailwinds for the chicken sector. Food service operators have experienced lower traffic and have therefore resorted to promotions to attract customers, mainly featuring chicken. Restaurant traffic declined 2 percent in September, and 30 percent of commercial foodser...
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.