The market movers this week included primarily the chances for moderate to abundant rainfall in Argentina, macro concerns about economic growth, and the impending switch to South American dominance in the export market. Soybeans will be the main beneficiary of rainfall in Argentina as it will be too late for nearly half the corn crop. Soybeans are now in a downtrend as South American production heads toward harvest. March soybeans lost ground three out of the four trading days this week, showing a cumulative decline of 21.25 cents and is now valued at 1506.5/bushel. That knocked it below prior support at 1508, which now moves that floor to 1462/bushel. March soymeal hit a contract high of 487/ST on 18 January but closed out the week...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.