Dec 21 Corn closed at $5.5075/bushel, down $0.1425 from yesterday's close. Sep 21 Wheat closed at $7.275/bushel, down $0.0975 from yesterday's close. Nov 21 Soybeans closed at $13.2/bushel, down $0.3325 from yesterday's close. Dec 21 Soymeal closed at $353.6/short ton, down $6.7 from yesterday's close. Dec 21 Soyoil closed at 59.92 cents/lb down 1.56 cents from yesterday's close. Oct 21 Live Cattle closed at $128.15/cwt down $0.9 from yesterday's close. Sep 21 Feeder Cattle closed at $162.9/cwt down $0.45 from yesterday's close. Oct 21 Lean Hogs closed at $86.925/cwt down $2.175 from yesterday's close. Sep 21 WTI Crude Oil closed at $64.06/barrel down $1.4 from yesterday's close. ...
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.