THE OPEN March beans: 1 3/4 lower March meal: steady March soyoil: 25 lower March corn: 4 lower March wheat: 1/2 lower The markets opened as called with liquidation in wheat a major feature, as money flows gravitated towards beans. Funds were larger sellers of oilseeds last week, buying a few of those ctrs back today as China pledged to honor its commitments to buy beans regardless of the coronavirus. Buy bean/sell wheat trade and corn trade plus buy meal/sell soyoil futures were dominant themes for the day. Soyoil futures lost a few more bulls on the back of weaker palm, canola, and energies, which were getting hammered in today's market session. Today is day 2 of the Goldman Roll, so spread...
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.