THE OPEN Nov beans: 1 1/2 higher Dec meal: .40 higher Dec soyoil: 3 lower Dec corn: 2 1/2 higher Dec wheat: 6 1/4 higher The markets started the day as expected but recent buy soy/sell grain trade started to unwind, which broke the soy complex lower. Once again the euphoria surrounding a positive trade talk headline has impacted the equities space, and not ag commodities. Funds continue to trade in and out of short positions, with the best bid still in wheat, and corn attempting to follow. SOY While the last part of this week has been about buying soy and selling grains, today's price action flipped the switch with traders liquidating some of those...
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.