GOOD MORNING, Prices are mixed today. Each commodity seems to be impacted by its own story. Soyoil and corn are lifted by firmer crude oil values. Soyoil values are also following palm, which closed sharply higher on fears that the largest palm producing state, Sabah, would extend shut-down orders for plantations. Wheat sees long liquidation on the back of better than expected winter wheat conditions and the unwinding of previous buy wheat/sell corn and beans. Beans get a lift from higher soyoil, and the fact that the South American production numbers are heading lower on the back of too dry conditions in southern Brazil. Meal remains on the defensive against a firmer soyoil market. REPORTS...
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.