General Comments Markets came back from the long weekend in a slightly better mood following Friday's sharply lower trade with a holiday-shortened thin trading session. There really wasn't much different in terms of news today. U.S. crop weather is basically still not much of an issue. The western half of the country looks to have above-normal temperatures while the eastern half will be below normal. Rainfall looks to be normal-to-below normal. The eastern Corn Belt needs some heat. The trade is expecting to see slight improvement in today's weekly crop ratings.USDA did announce several export sales this morning. China bought another 840,000 MT of soft red winter wheat and 120,000 MT of soybeans. Mexico bought 120...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.