Today’s futures market was expected to be lower but corn and wheat closed mostly higher while soybeans lost some ground. Monday’s USDA stocks report now seems a long time ago since there is still a bearish tinge overall. Next week’s October WASDE report from USDA or the U.S. – China trade negotiations could have outsized impacts but seem unlikely to change the mood for very long. China has been buying from the U.S. but not to the level of hype from America’s Salesman in Chief. Now that President Trump has asked China to investigate his political rival Joe Biden, it is unclear where the impeachment imbroglio goes and its impact on trade talk outcomes. The WASDE report seems like a more tangible market mover nex...
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.