GOOD MORNING, The markets are mixed this morning and haven't moved much from yesterday's settlement. Theme of the markets is continued selling as weaker macro markets, struggling ethanol, and better planting forecasts set the stage for new contract lows day-to-day in meal and corn. Beans, soyoil, and wheat are trending sideways from higher. The record high March crush number at 181.374 mln bu yesterday in the NOPA report helped beans to stabilize. Good meal export numbers helped meal to bounce, while lower than expected soyoil stocks implies there is good demand out there. Funds continue to add sales as the virus persists world-wide. Countries are trying to open for business, but it's...
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.