General Comments Grain and oilseed markets were generally quiet in light to moderate trade ahead of Monday's USDA quarterly stocks and final small grains production estimates. It is doubtful that there will be any major surprises, plus the corn and soybean harvests should start to gather some momentum once the cold front and rains pass through the Corn Belt.U.S. financial markets were lower as was the dollar index on the uncertainty of what Congress will do to fund the government. This seems to be a recurring story. Soy Complex FUTURES Soybeans were slightly higher through much of the session, but there was never any sustained buying or general market enthusiasm. Early soybean yields across the upper Midwest are all over the map. In...
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.