Following on Wednesday’s market, futures were mixed over night with beans and corn up but wheat continuing its downward trend. A mixed close was expected today and it delivered more of the same - corn and soybeans up but wheat lower. Since there is nothing new on the fundamental side, some of the bullishness in corn with soybeans following is a reaction to the White House policy effort to create more biofuel supply destruction. In classic salesman fashion, there was the boast of a “giant package” for burning more ethanol. Changes in policy first take time and then take time to implement so more impactful would be a step up in exports. With funds short about everything, some short-covering could be expected ah...
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.