Soybeans were weak early in the session, but light fund buying brought prices back to unchanged before noon. It was a big week for soybeans as they traded back to the highest levels in over five weeks on weather and planting concerns. General Comments Markets were quietly lower overnight with corn and soybeans the weakest. Wheat finished the night session nearly unchanged. There wasn't a great deal of news to push markets one way or the other today. Lack of news typically means market weakness, and that was the case as the day session got underway. Financial markets remain anxious about how the financial crisis in Greece will be resolved. We are into year five of worrying about it. There will be another emergency summit meeting in Europe...
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.