World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Markets started very tentative again yesterday afternoon following another day of sharp losses in the soy complex. The selling dried up quickly, and markets very gradually gained some strength. This week's rains across the Corn Belt were widely scattered, with something less than 20 percent of the entire Corn Belt getting anything. There were a few locations that did receive a good amount of rain, but they were very localized. Today's extended forecasts seemed to shift towards the European model that has been warmer and drier the entire summer. Corn and soybean crop ratings should decline again in Monday afternoon's Crop Progress report. There were some reports of increased commercial buying activity in the markets today...

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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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