THE OPEN November beans: 1 higher December meal: .20 higher December soyoil: 1 higher December corn: 1/4 higher September wheat: 3 lower The markets opened with short-covering in corn and beans. Profit-taking in oilshare was noted with beans stabilizing on a series of business flashes this AM. Buy corn/sell wheat trade was also noted, along with buy meal/sell soyoil. At 10:00 export inspections were as follows: Beans: 635,656 mt vs. 557,607 mt week ago (and vs. an expected 535,000 mt) Corn: 1,140,979 mt vs. 726,657 mt week ago (and vs. an expected 925,000 mt) Wheat: 379,949 mt vs. 556,154 mt week ago (and vs. an expected 565,000 mt) Inspections were low end for wh...
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.