Futures traded bearishly mixed. The start of the trade war, the possible hiatus in the Ukraine war, static weather conditions, and major USDA reports to be issued on Monday all keep traders in a cautious position. Today’s USDA Export Sales report covering last week’s activity...
USDA released its quarterly Hogs and Pigs report today. The inventory of all hogs and pigs on 1 March was 74.5 million head. This was down slightly from 1 March 2024 and down 1 percent from 1 December. Breeding inventory, at 5.98 million head, was down 1 percent from last year, and...
The Market The big movement in oilseed markets this week is the rally in soyoil futures, which are up 4 percent from last week. The market has rallied due to its large discount against palm oil futures and recent gains in rapeseed prices that are supporting oilseed and vegoils broadly. U...
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.