GOOD MORNING, Prices are mixed this morning. Trade talks had little impact on ag commodities yesterday, reserving all the higher momentum for the equities space. Ags are now concerned with weather and the next week’s USDA Sep WASDE report. Each released analyst’s expectation number in front of that report is having a bit of push and pull on corn and beans. FC Stone's estimate for beans is higher at 48.3 bpa with production at 13.8 bln bu. and is price negative, but coming closer to USDA numbers. It was reported that China would allow Russia to supply meal as it attempts to diversify its suppliers. Since the trade war started, bean exports to China from Russia have been in...
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.