The markets started the day mixed with soybeans higher on rumors of Chinese purchases, corn and soyoil lower, and wheat futures moving higher. Minneapolis wheat continues to show amazing strength that has had a moderately supportive effect on SRW wheat as well. The weather remains broadly favorable for crops in the coming week with above-average temperatures for the Corn Belt and above average precipitation for the western Corn Belt. Unfortunately, Montana and eastern North Dakota will also receive abnormally high rain fall that will likely delay the spring wheat harvest further. The 8-14-day forecasts shows cooler temperatures entering the northern Rockies/northern Plains/Upper Midwest starting in October, though the bulk of the Cor...
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.