SPREADS Jan crush trades down to 1.16c/bu while oilshare trades to 32.0%. Corn spreads widened today with Dec/March trading out to a 10c carry from 9 1/2c, spilling over into Dec/Dec which trades from an 11 3/4c inverse down to 9c. Dec/March wheat trades from 7 3/4c to 8 1/2c carry. Dec/March meal trades from $6.20 inverse to $5.10. The Jan/March bean inverse continues to weaken trading from 1/4c to 1c inverse. PALM OIL Jan down 1 ringgit to close at 3,345 on profit-taking. NEWS Stocks are down 200 pts with US jobless claims falling 48K to 709K for the week ending Nov 7. US consumer prices were unchanged in October which was the lowest reading in five months. Crude trades to $41.94/barrel...
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.