Weekend Rainfall Insufficient to Stem Soybean Losses Rainfall was received in the Midwest over the weekend, but the amounts and coverage were insufficient to stem losses from dryness and heat. About a half-inch to almost one and one half-inches was received along the Missouri River valley in northwestern Missouri, eastern Nebraska, western Iowa and southeastern South Dakota with little or no rainfall received in central and eastern Iowa and much of Illinois. Temperatures were in the 90s across much of the Midwest, but will moderate some this week before rising again over the weekend. Weather models call for no more rainfall until early next week. There is little question that the recent dryness across the key soybean-growing areas of t...
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.