THE OPEN March beans: 3 higher March meal: .40 lower March soyoil: 45 higher March corn: 2 1/2 higher March wheat: 8 3/4 higher The markets opened as called with profit-taking in wheat and other spreads, namely long wheat against short corn and bean positions. Soyoil continued a firm trade vs. meal. A more severe break in wheat into the midday hour created pressure elsewhere on the board. The large break in wheat was not due to any fundamental change, but rather a technical chart adjustment. In an article from Dr. Cordonnier, it was noted that the Mato Grosso Institute of Agricultural Economics, (IMEA), reported that farmers in Brazil's major bean producing state had sold 99...
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.