GOOD MORNING, Prices are mixed/lower to begin the day. The coronavirus epidemic has now caused 362 deaths as of Sunday, and infected more than 17,000 people in two dozen countries. As such, it has been declared an international emergency by the World Health Organization. China has returned from holiday to find lower world prices with several of their futures contracts trading limit down on fears the spread of the new virus will impact their demand as the world takes steps to contain the virus. WEATHER A quiet weather pattern has returned to the Midwest. Favorable weather continues for Brazil as they continue to harvest their bean crop. Drier and hotter weather returns to Argentina through early next week, wh...
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.