GOOD MORNING, The March WASDE will be released at 11:00 central time. The WASDE report will once again highlight how tight bean stocks remain, while delays in Brazil's harvest complicates their logistics and hurts quality. Funds are longest corn, with some weakness due to position-evening. Overnight prices were mixed as beans held ground vs. weaker corn, and soyoil traded into new contract highs on buy soyoil/sell meal spread trade. Oilshare trades to new highs. These are the clearest and most decisive trends right now. Beans are higher on uncertainty over SA weather and remain a follower of higher soyoil. New business emerges with Reuters reporting that three vessels are enroute from...
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.