GOOD MORNING, Prices were weaker yesterday and are mixed this AM, with soyoil sporting the largest losses. Oilshare is lower again as traders buy meal/sell soyoil. Liquidating Sep. positions and load disruptions due to Hurricane Ida in the Gulf impacted prices negatively. The size of the break yesterday was a surprise to many traders, as has been the case for a bit now. End-users were there on the break to get some coverage on. Funds were net sellers of around an estimated 15K corn contracts yesterday, 13K beans, 4K meal, and 5K soyoil yesterday. Traders were even in wheat. Flooding from Hurricane Ida and power outages slowed efforts by energy firms to assess damage at oil produ...
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.