The market was green across the board in grain and oilseed in the overnight and mostly finished that way in the day session except for soyoil, where profit taking prevailed. It seemed like a hot week for soyoil but after today’s session, it turned out to be corn that had the better week. While Friday became sell the rally in soyoil, it was HRS that is oversold. It was the second week lower for HRS, and the fourth week higher for cattle even though it faltered on Friday. The volatile week saw yet another contract high for cattle, and new contract lows for soymeal and HRW. Weather The impending switch to high heat particularly in Kansas and Missouri encourages some level of market price premium. The heat is not supposed to...
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.