GOOD MORNING, Prices are mostly higher today led by soyoil futures that are back to yesterday's fresh highs. Trading range activity continues, with the occasional new low in corn as harvest progresses. Trade negotiations look more promising than not, as China's state TV reported they will increase imports of agricultural, consumer, and component products as part of an effort to come to a trade deal. They also said they will improve policy on tax rebates, trade finance and insurance, and ease restrictions for capital account transactions. Bloomberg cites sources saying that China would be willing to purchase $20 bln over the course of a year in US Ag products if they sign a partial trade deal. The...
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.