THE OPEN July beans: 20 lower July meal: 6.20 lower July soyoil: 64 lower July corn: 17 lower July wheat: 7 1/2 lower The markets opened in line with trade expectations, but poor export sales and a negative reaction to the report yesterday set a deeper sell-off in motion. Sell-stops were triggered in many of the markets as prices worked lower making today an exchange of ownership as funds sold into commercial scale-down pricing activity. Oilshare traded higher as traders were back to buying soyoil/selling meal once again, though weaker crude and lower . In stories, the US Coast Guard announced on Wed. that it has closed the Mississippi River near Memphis, Tenn., due to a crack near the...
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.