THE OPEN March beans: 10 lower March meal: 4.20 lower March soyoil: 25 lower March corn: 1 lower March wheat: 6 lower The markets opened as called but prices broke lower in choppy trade as funds continue to appear to liquidate a portion of their bean length. Buy corn/sell bean trade continues as the soy complex and grains were lower into the midday portion of the session, mostly sparked by fund re-positioning. Truckers strikes continue in Argentina and Brazil which could eventually turn some business back to the US. At 10:00 export inspections are as follows: beans: 1,792,367 vs. 2,102,976 mt (vs. an expected 1,625,000 mt) wheat: 396,873 mt vs. 571,677 mt week ago (v...
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.