THE OPEN Nov beans: 14 higher Dec meal: 4.20 higher Dec soyoil: 17 higher Dec corn: 3 higher Dec wheat: 1 1/2 higher The markets opened higher as called with the tone set in the night session, and spent time at higher levels of trade before wheat and soyoil prices turned mixed on the day, adding pressure elsewhere. As typical of Mondays, this day seemed to be about more positioning in front of the USDA Quarterly Grain Stocks report that will be released on September 30. In terms of smallish trends, beans gained on soy, corn gained on wheat, and meal gained on soyoil. At 10:00 export inspections were released as follows: Beans: 922,550 mt vs. 668,4...
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.