World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The closure of the Chinese consulate in Houston, Texas over IP theft issues (along with suspected document destruction overnight at the facility) pressured soybeans in early trade. Corn benefited from unwinding of prior long soybeans/short corn spreads and additional export sales announcements supported soybeans on breaks. Wheat futures firmed and traded higher for nearly the entire day, erasing all of Monday’s losses.  The USDA announced three separate large sales of soybeans in this morning’s newswire: 

453,000 MT sold to China, with 66,000 MT for 2019/20 and the balance for 2020/21,

262,000 MT sold to China for 2020/21, and

211,300 MT sold to “unknown” destinations for 2020/21. ...

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feed-grains soy-oilseeds wheat

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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.

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