THE OPEN May beans: 2 1/2 higher May meal: 1.20 higher May soyoil: 5 higher May corn: 5 higher May wheat: 5 1/2 higher Prices opened as expected with the start involving a rally followed by choppier trade from the soy complex. Buy grains/sell the soy complex trade emerged as a major trend after the open. Leaking spreads and end-of-month profit-taking led prices lower. March liquidation ahead of first notice day on Feb. 26 continues to provide market pressure. At 10:00, export inspections were released as follows: corn: 1,231,810 mt vs. 1,314,960 mt week ago (vs. an expected 950,000 tmt) wheat: 324.597 mt vs. 418,816 mt week ago (vs. an expected 425,00 mt) beans: 721...
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.