THE OPEN November beans: 15 higher December meal: 4.40 higher December soyoil: 10 higher December corn: 9 lower December wheat: 2 lower The markets opened with a more negative slant for grains vs. positive for soy. Beans gained on wheat, while wheat gained on corn. Oen measurement gaps in corn seemed to dominate trade with a resumption in fund selling post open. Funds continue to liquidate bull positions, with the contracts having the most length seeing the most weakness, i.e. corn and soyoil. STORIES Chinese farmers are expected to increase planting this year reacting to high prices, a trend that the gov. hopes will curb imports into 2022. THe expansion would c...
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.