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feed-grains soy-oilseeds wheat

Market Commentary

Corn and soybean futures prices were fractionally firmer overnight, while wheat prices sought to recover at least a sliver of their February losses. Chicago wheat was up about 5 cents heading into the early morning trading recess. Later in the morning, traders were tuned into the testimony on China trade negotiations given by USTR Robert Lighthizer before the House Ways and Means Committee and testimony by Ag Secretary Perdue before the House Ag Committee. Secretary Perdue expressed optimism that China would buy additional ag commodities, including the discussed 10 MMT of additional soybeans, but he was careful to note that it depends on how the trade negotiations wrap up. Lighthizer, a hawk on China trade, was purposely cautious about pro...

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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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