The CBOT was broadly lower on Wednesday with fund selling and a lack of bullish news or inputs pushing values into the red. Wheat was the biggest loser for the day and its weakness helped pull corn off an early rally where May futures tested the $5.00 level to no avail. The soy complex was on the defensive from the start with exports remaining a larger concern than the smaller U.S. acreage outlook, for now at least. Too, macroeconomic fears and tariff worries drove “risk off” trade that also helped keep markets on the defensive. Heading into the USDA’s annual Ag Outlook Forum on Thursday and Friday, analysts are generally expecting (as will come as no surprise to WPI readers), larger corn acres for 2025 and smaller s...
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.