THE OPEN January beans: 1 lower December meal: 1.20 lower December soyoil: 20 lower December dorn: 3 lower December wheat: 6 lower The market opened lower as called with more selling again. Oilshare was weaker as meal prices bounced back from early losses on continuing solid crush margins, while soyoil lost its stabilizing mojo due to its affiliation with weaker energies. Wheat prices lost to corn, while beans seemed to lose to corn for much of the morning. Corn was able to bounce back from morning export sales, but nervous longs were also there to sell small bumps upward. In morning announcements, the International Grains Council (IGC) forecast corn production down 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.