THE OPEN July beans: 1 3/4 higher July meal: .80 lower July soyoil: 13 higher July corn: 2 1/2 higher July wheat: 5 3/4 higher The markets opened as called with oilshare working higher as meal charts placed new ctr lows. Beans gained on corn as prices traded closer to the report hour, suggestive of perhaps the reaction after the numbers would be released. Post report corn prices firmed as funds covered in some of their overall short positions. Beans maintained its rally as well, with meal prices finding some support on commercial pricing activity. At 11:00, the April numbers were released as follows: WORLD PRODUCTION (million metric tons) 2019-20 ...
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.