THE OPEN Nov. beans: 8 higher Dec meal: steady Dec soyoil: 4 higher Dec corn: 2 1/2 higher Dec wheat: 4 higher Prices opened as expected with a bit of profit-taking to start the day. Traders digested the report which leaves them still waiting to hear more chatter about the crop in front of 1. the Pro Farmer crop tour and 2. the fact that harvest is ahead of us. Intermarket spreading was a key feature, with more buying of oilshare early on and buy bean/sell corn. At 10:00 export inspections were as follows: beans: 277,637 mt vs. 114,718 mt week ago wheat: 440,567 mt vs. 653,965 mt week ago corn: 754,929 mt vs. 744,934 mt week ago'' Inspections were neutral f...
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.