World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It was a vivid “Turnaround Tuesday” for grain and soy markets after Monday’s dive to test recent lows and, in some case, set new record lows. It began rather gradually in the overnight session, which saw trading volume notably higher than average. Prices started out slightly lower to near unchanged and slowing moved above Monday’s closes. They were led by wheat, which ended the overnight session 3-4 cents higher. Corn and soybeans gained 0.5-1.5 cents. It is difficult to explain the unusually heavy overnight volume but only modest price changes. Things turned more interesting during the day session, again led by wheat. Enough buying interest was uncovered to move wheat prices up several cents and high enough to caus...

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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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