THE OPEN March beans: 7 lower March meal: 1.70 lower March soyoil: 27 lower March corn: 1 1/4 higher March wheat: 1 1/2 lower The markets opened as called with spread trade dominant, as traders unwound previous buy wheat and beans/sell corn. The net short in corn and the prospect of corn turning more competitive (and China maybe purchasing some?), put the squeeze to the corn bear. Soyoil futures sold off vs. meal but the soy complex remained weak in general. Ahead of the deal signing on Wed., the US Treasury announced it would drop its designation of China as a "currency manipulator". At 10:00 export inspections were released as follows: Beans: 1,136,304 mt vs...
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.