There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...
It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...
CBOT board soybean crush margins have been volatile over the past two months due to rapidly changing political and export outlooks as well as shifting global supply expectations. In mid-October, the January crush margin hit a rally high of 155 cents/bushel before it dropped to a contract low of...
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.