GOOD MORNING, Prices continue to establish lower trading ranges with soyoil once again the leader to the upside. It is typical that markets will follow the crop progress reports carefully in terms of technical trade, and with corn hitting a fast pace the chatter about larger acreage becomes a connected item. Funds are liquidating more length ahead of the three-day weekend, as weather continues to appear non-threatening. July contract liquidation, higher acreage, good weather, weak technicals converge to trigger a rush to the exit in front of the three-day weekend. Issues: Beans: Favorable US weather and China buying activity slow, as their margins are in the red right now. Brazil bean premi...
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.