GOOD MORNING, Prices are attempting to stabilize after funds sold a decent amount of corn, beans, and soyoil on better chances for rainfall, negative political headlines, and broken trendlines. Soyoil prices are emphatically bouncing back and helping to support beans. Wheat prices see double digit losses, led by KC. Improving SRW and HRW crop ratings and falling Minn. wheat pressured prices. More funds are becoming disenchanted with the poor technicals now and a seasonal that says sometimes summertime highs are set in June. The presence of a possible bearish report June 30 and a touch of better weather is enough to send prices lower. The more disappointing performance was the reaction o...
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.