GOOD MORNING, The markets started the evening session on a mixed note as they head into trading ranges off contract highs, but have all turned lower into the AM hour. There was a weaker tone in beans and wheat this week so far, and we are seeing follow-through today. South American weather has normalized, and the negative bean seasonal seems to have kicked in. The Feb. 9 WASDE is coming up, and some analysts are thinking that USDA may wait to adjust exports into the March report, which is also spurring more bean liquidation. Countering that is a still firm basis level for beans and corn. After the close, Egypt was in for wheat, and the lowest offer is said to be from Russia. Yesterday's USDA census crus...
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.