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feed-grains soy-oilseeds wheat

Market Commentary

General Comments CME delivery intentions against March futures consisted of 119 contracts of wheat, 185 contracts of oats and 2,932 contracts of soybean oil. As expected, there were no deliveries of corn, soybeans and soybean meal. The small volume of wheat deliveries were about what the trade guessed, while the large volume of soybean oil tendered was considerably more than expected. The wheat deliveries went to various commission firms with no obvious commercial stopper present. However, the last position date was 20 December. Rumored commercial interest might show up later. By contrast, it appears that the bulk of the soyoil deliveries did go into commercial hands.In a related development, an exporter reportedly is seeking to buy SRW...

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Black Sea Regional Analysis

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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.

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