Soybeans Market Overview Chinese demand remains very slow. There was some tepid interest for nearby positions, but basis has continued to drop in Argentina and drag Brazilian prices lower. Argentina Argentina’s harvest reached 20 percent completion last week (6 percent below last year) with yields exceeding expectations. Moreover, dry and sunny weather has allowed combines to advance quickly with only the high yields causing any delays. Roughly 4,000 trucks/day are arriving at the ports of Rosario, almost all of which are naturally dry. The biggest concern for the present campaign is quality, specifically protein. Those levels so far seem to be generally below the minimum requested for export. Each year this is an issue, especial...
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.