THE OPEN July beans: 19 higher July meal: 1.40 higher July soyoil: 99 higher July corn: 1 higher July wheat: 5 lower The markets opened as called but bean prices traded sharply higher and into new contract highs into the morning trade along with soyoil. Grains labored with weaker wheat prices, while oilshare traded higher. The sharp rally in the bean complex before the release of the numbers had some perplexed, given that nothing much had changed from yesterday to today, except the technical trade which offered up a decisive break-out on the upside. End-user panic buying seemed to be part of the scenario in beans as values continued to rally. At 11:00, here is what the USDA had to...
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.