GOOD MORNING, Prices saw down-side follow-through overnight following the sell-off yesterday. Is the panic buying over? We are approaching first notice day, and ideas are floating that prices reached their highs on short-covering and margin calls given how high the markets were working. There were also ideas that 2021 acreage is going to be much higher as farmers get into the fields, but we will know more about that in the June Acreage/stocks report. Technically, prices reached a peak with lower settlements, always good for a downward retracement. Spreads remain firm this morning, with May corn bouncing back to trade higher after trading from contract highs at $7.20 1/2 down to $6.76 1/4. Wi...
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.
Text. More random text. Lots and lots of text. Just to fill out the article. Lore ipsum or whatever the hell it is. Lore ipsum or whatever the hell it is. Lore ipsum or whatever the hell it is. Lore ipsum or whatever the hell it is. Lore ipsum or whatever the hell it is. Lore ipsum or whatever...