Grain futures were weaker overnight following the long weekend and after President Trump announced a reciprocal tariff policy. The markets bounced back Tuesday, however, with a positive export sales report buoying corn while fears of winterkill in the U.S. winter wheat crop pushed wheat futures higher. Too, the weather forecasts are showing less ideal conditions in southern Brazil heading into March, which could start to become a problem for the safrinha corn crop. In total, there was enough bullish fundamental news to keep funds engaged as buyers in corn and wheat, with that mentality spilling over into soybeans a little bit. The rest of this week’s action will likely be dominated by technical developments in corn futures and the det...
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.