World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Weaker Markets

GOOD MORNING,  Prices are lower this morning led by soyoil futures, which have sharp losses due to weaker palm oil.  Weaker outside markets come into play as well, providing spill-over weakness. The catalyst for lower trade is focused again on the Coronavirus, as new tallies confirm a much higher death rate than previously reported.    March beans nonetheless managed to post a new high for the move up and away from trading range lows off $8.70, while meal prices congest off their contract lows.  Bull-spreads continue to impress for beans, with July/Nov narrowing, and the domestic bean basis continuing a firmer trend.  March contract liquidation and position - evening are likely to dominate the balance of the...

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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.

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