THE OPEN March beans: 1 3/4 lower March meal: .30 higher March soyoil: 52 lower March corn: 1 lower March wheat: 1/4 lower The markets opened as called with bean prices hopping to the upside of even and corn prices falling into sell-stops. Buy bean/sell corn trade was the feature of the day, which prompted ideas that traders may be thinking along the lines of a friendly USDA report for beans, and more neutral to bearish for corn. The pattern in 2019 found the market reaction leaning that way on many of the USDA reports. Profit-taking continued in oilshare with soyoil following a weaker palm oil market. Palm oil prices took a time-out from the rally with caution due to the US...
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.