There was mostly green on the board for Friday and for the week as a whole. Another contract high was printed by soyoil as higher energies, higher inflation, and heightened geopolitical tensions all favored commodities. There are some topical contrasts. For example, the cattle market is tight and will continue to be, but prices fell with a labor strike possibility. The wheat market is flooded with supply that is so overpriced that cheap grain was imported from Argentina. The low-pro will compete against corn in the Southeast feed market, but corn and wheat prices rose. Meanwhile, the soybean market continues to gamble on Chinese demand returning despite lower prices from South America. For the week, corn and the soybean co...
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.