Just the fact that many uncertainties now exist between Russia and Ukraine will likely push more corn and wheat export business elsewhere where there isn't the worry about vessel lineups, potential loading disruptions, sanctions, currency issues, etc.Events in the Ukraine kept the grain markets awake overnight, especially the short side of the markets. While political analysts (and other talking heads) were trying to figure out where the situation was headed, it was clear that those who were short wheat and corn futures didn't want to wait to get smaller or get out. May corn futures were up as much as 18-19 cents at one point overnight in heavy trading volume for the night session. Chicago and KC wheat futures traded more than 40 cents high...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.