THE OPEN November beans: 1 higher December meal; 2.30 higher December soyoil: 32 lower December corn: 3/4 higher September wheat: 6 3/4 lower The markets opened as expected with the grains generally weaker vs. higher beans and meal. Good weather was the main feature weighing on corn and beans. Wheat futures became the sell-leg of inter-market spreads. Oilshare was lower as traders bought meal/sold soyoil. At 10:00 export inspections were released as follows: beans: 472,680 mt vs. 454,19 mt week ago corn: 797,487 mt vs. 1,175,910 mt week ago wheat: 544,010 mt vs. 512,305 mt week ago Export inspections for both corn and beans came in lower than trade expectations, ad...
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.