THE OPEN March beans: 8 higher March meal: .80 higher March soyoil: 41 higher March corn: 4 higher March wheat: 8 3/4 higher Prices opened as expected with further gains on the back of fund buying activity. Chatter about further wheat buying from China and new contract highs in corn fueled the market upward. A good inspections report and confirmed delays for Brazilian harvest keep beans slanted to the upside, as more fund buying kicks in pre-Feb. WASDE. At 10:00 export inspections were released as follows: beans: 1,800,682 mt vs. 1,906,432 mt week ago corn: 1,576,663 mt vs. 1,116,097 mt week ago wheat: 441.076 mt vs. 414,348 mt week ago Corn inspections were good, fuelin...
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.