THE OPEN March beans: steady March soyoil; 42 higher March meal: 1.00 lower March corn: 1/2 higher March wheat: 3 1/2 higher The markets opened as called with prices hitting new contract highs in soyoil on the back of a friendly palm oil market trade. It was a risk-on day across the board, though crude oil broke in the latter half of the session. Corn prices, which had been on the radar as everyone's sell leg, found support on a round of short-covering as well. Wheat prices were higher, which helped corn to put in gains. Beans were higher as they have sometimes correlated with the Shanghai stock market, fueled higher today by news out of China that the central bank would be pumping $115...
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.