Soybeans Market Overview The soybean market was quiet last week due to the combination of the Chinese New Year and the spreading coronavirus. The Dalian futures market was closed as the Chinese celebration of the Lunar New year extended from last Friday through this morning’s open. In fact, today’s trade featured no night session for the Dalian exchange. On the demand side, China is out of the market with crushers scared to take any position, given the potential for decreases in soyoil and soymeal demand due to the virus. China has set up a quarantine that forbids citizens in many Chinese cities from taking public transportation etc. This has lowered Chinese consumption significantly at a time when the...
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.