THE OPEN July beans: 3 lower July meal: .30 lower July soyoil: 34 lower July corn: 5 1/2 lower July wheat: 4 1/4 lower Prices started the day weaker with grains lower and the soy complex mixed. The path of least resistance remains lower as funds continue to actively sell corn and soyoil as energies weaken once again. Overall demand for crude remains down as the virus impact continues. Corn also trended lower on chatter that today's crop progress would show a stronger than expected planting pace with Midwest farmers able to get into the fields in between rain-drops. Beans gained on corn and meal on soyoil. At 10:00, export inspections were released as follows: beans: 5...
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.