Corn Currently, Argentina’s corn harvest is 27.4 percent complete after advancing another 1 percent last week. The harvest is significantly delayed compared to recent years, primarily due to high moisture content of the grain and farmers’ focus on harvesting soybeans first. The greatest progress has been in the core zone with 85 percent already collected. Last week was interesting in Argentina’s corn markets. With CBOT futures posting a loss for the week, Argentine prices rallied through the week on strong trading volume. Prices for spot positions were up about $10MT/MT, while the June and July/August positions were up $10 and $15/MT, respectively. With the FAS market rising strongly and Chicago falling, one could...
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.