GOOD MORNING, Prices are mixed this morning with weakness emerging in wheat but supported elsewhere on the board. More talk of China buying and a bid under energies helped to keep soyoil values buoyant at the bottom of recent ranges. The barbs between China and the US continue, but the phase deal continues to move along trying not to let the words murk up the goals. Corn is firmer with an article by Fitch Solutions stating that corn prices would outperform soy, wheat, and rice over the next six months on a total return basis driven by a rebound in ethanol demand and a tightening supply. WEATHER --Northern Plains will see a limited amount of rain that could help places to finish planting. In the...
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.