THE OPEN Nov beans: 3 lower Dec meal: 2.00 lower Dec soyoil: 3 higher Dec corn: 8 lower Dec wheat: 5 1/2 lower The markets opened as called but quickly found new selling interest as another open week of harvest approaches. Bids at the Gulf are firmer, which is a sign that export loadings are seeing a resumption. Tropical storm Nicholas is expected to hit the coast of Texas, which could produce port closures. At 10:00 export inspections were as follows: wheat: 547,943 mt vs. 412,649 mt week ago (vs. an expected 200-500,000) beans: 104,368 mt vs. 90,603 mt week ago (vs. an expected 75-300,000) corn: 138,190 mt vs. 278,294 mt week ago (vs. an expected 250-600,000) Inspectio...
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.