GOOD MORNING, Prices continue to head into large sideways ranges, but the disappointment over the March WASDE from the bull side continues. Seasonally March, April, and May find prices under pressure from SA harvest. The next piece of bullish news may come from the March 1 stocks report, where advertised estimates for bean stocks are expected near 1,500 mln bu vs. 2,255 mln bu year ago. Advertised estimates for March 1 corn is near 7,780 mln bu vs 7,951 mln bu year ago Soyoil remains the bull market, placing another new contract high overnight, while meal prices fall to new trading range lows. China's meal market was lower on growing concerns that a resurgence in African Swine Fever would impact hog her...
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.