General Comments Weather model runs are consistent in picturing rain for the Northern Plains and parts of the Midwest from 8-11 September. North Dakota and Minnesota will likely see the heaviest amounts of up to 1 inch. Lesser but still significant amounts should fall in Iowa and Illinois. Other Midwestern areas should experience light rains, but probably not enough to be of much benefit to soybeans. The models are now calling for a period of colder temperatures over the Midwest around 20 September. Lows will reach the low 40s and high 30s over the Canadian Prairies and some portions of the northern U.S. Plains, but should hold above freezing.Soybean futures tried to recover from the beating they took in early overnight trading, but th...
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.