General Comments Markets had a firmer tone to open the session Sunday evening with soybeans again leading prices somewhat higher. The expected weekend rains were limited to North Dakota and western Minnesota with Iowa again being left high and dry and hot. Markets started to lose their edge after 9:30 and fund selling started to pressure soybeans at mid-morning. Corn and wheat traded 5-7 cents lower most of the session.Weather should become less of a market factor. It is almost the middle of September and rains from now forward are not going to help very many acres of corn and soybeans. What is there is there. The USDA production and WASDE updates will be released Thursday at 12:00pm EDT/11:00am CDT.U.S. financial markets were very str...
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.