THE OPEN March beans: 11 higher March meal: 3.10 higher March soyoil: 43 higher March corn: 1 3/4 higher March wheat: 5 lower The markets opened as expected with beans trading higher and wheat trading lower. The early market trends remained that way into the report, namely wheat weaker against others consolidating to higher markets. The post report action set off some profit-taking in what had been buy corn/sell bean trade. At 11:00 here is what the February WASDE said: U.S. ENDING STOCKS (Million Bushels) 2020-21 Feb Average High Low Jan 2019-20 Corn ...
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.