GOOD MORNING, Prices climbed higher in the night session though wheat was mixed. The extreme cold weather sent wheat prices higher last week, with prices falling lower as temperatures ease. Uncertainty over Russian new crop export policies continue to be digested by the market. Dec. corn traded to new contract highs on good exports and higher domestic use, perhaps following Matif corn which set a new contract high for the sixth day. There is persistent chatter about US PNW export interest for corn, though there are no AM sales at this point. However, the current rally may be reflecting business done but not announced. Bean harvest is still behind in Brazil, and there is talk of lower...
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.