Ukrainian forces continue to stymie the Russian attack, prompting Russia to intensify its efforts in Kharkov and Kiev. Russia warned that attacks on civilian areas of Ukraine will increase, and Ukraine once again pleaded with the West for aid, support, and entry into NATO and/or the EU. The West continues to hit Russia with aggressive financial penalties, creating chaos in Russia’s banking and financial system. As of this writing, one Russian ruble is worth less than one U.S. cent. The longer the conflict in Ukraine lasts, the more the market realizes its effects will be both long-lasting and widespread. There is now no doubt that Ukraine’s spring planting effort will be hindered and delayed by everything from infrastructure an...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.