GOOD MORNING, Prices are mixed this morning post report as there were not enough changes in the Jan. final to call for a change in trend. Instead, what we may find is a change in spread trade, particularly as we enter the start of a new growing season. The last few months offered a market where beans gained on corn, and given a neutral carry-out in both, the trend may now be for beans to lose a bit to corn. It is probably the mission of the corn market to maintain a steady trade as planting begins in a month or two down the road, while beans may begin to feel the pressure of a South American harvest that appears robust. Support on bean breaks will come courtesy of the Phase One deal signing on Jan. 15,...
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.