GOOD MORNING, New contract highs were placed in May soyoil, May canola, and Nov beans. The bean spread inverse leaks lower, while nearby corn spreads are steady. Prices were higher across the board in early PM session trading, but some of the markets trade both sides coming into the morning session. Major trends still remain higher on dry weather in Argentina and the prospect for more demand for Ag goods from China. This weekend, China's state council released a plan to state run media outlets called "The No. 1 document" and it said the gov. will work towards enhancing its ability to procure grain and other important ag products to ensure food security. Part of the plan is for all provinces to sub...
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.