GOOD MORNING, Prices opened slightly lower in the overnight session on technical follow-through selling from Tuesday's general down-day of trade. In the AM, the soy complex is trending lower vs. firmer grains. A bearish NOPA report this week for soyoil (higher ending stocks) and weaker energies, (plus funds long the most here), weighs. Sharp losses in palm oil also directs soyoil lower. There continues to be chatter that China is around the bean market, and pricings seem to be there on breaks of size, though we will certainly see if that holds true today. Basis and world cash markets remain firm. Wheat prices saw some profit-taking yesterday, but Canadian wheat yields remain poor. The sell-...
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.