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feed-grains soy-oilseeds wheat

Market Commentary

The market opened pretty much as expected, though soyoil took a bigger initial drop than called. Markets continue to be see-sawed by the daily headlines of U.S. – China trade talks. Yesterday’s word of possible delays pushed prices lower; today’s word of mutual tariff cuts bolstered the equities market. Basically, the two sides are still wrangling over terms and markets are living the drama. The more substantive announcement of the day was the possible lifting of China’s ban on U.S. poultry, which is positive for corn and soybeans. China has been buying plenty of poultry from Europe and Russia, and the ban on U.S. product has been a long-term sham based on a long ago non-threatening bout of low-pathogenic avian infl...

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feed-grains soy-oilseeds wheat

Market Commentary

Spread trade was the biggest feature of the day with traders rolling out of December contracts and into deferred contracts. December options expired this afternoon and there was a solid round of positioning/rolling contracts around that fact. Wheat futures were higher with no deliveries yet reg...

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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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