GOOD MORNING, The markets are mixed as we head into the weekend, mostly higher on short-covering, wheat lower on long liquidation. Higher markets need volume while bear markets fall of their own weight. With overall volumes down, (except for spread trade), this week has been a classic bear market week. Each of the markets continues to trade low enough to accommodate weaker demand issues courtesy of the coronavirus. Corn and soyoil are linked with energies, with crude falling to new lows again this morning at $18.03/barrel. Beans continue to struggle with poor US export sales. US dollar strength vs. Brazilian Real weakness, which is now historically wide, serves to stimulate larger farmer sel...
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.