SPREADS Oct. crush trades 1.08c/bu while oilshare corrects back under 33% to trade to 32.82%. Spreads are weaker still with Dec 19/20 corn trading out to a 33c carry vs. 52c inverse at the high end of the trade. Dec/March corn widens out to 13 3/4c. Nov/Jan beans remain a wide spread, trading out to 13 1/4c from 13c while Dec/March meal trades from $4.80 to $4.90. Dec wheat/corn moves from 1.00c to 1.02 3/4c. PALM OIL Up 2 ringgits. SGS estimated palm oil product exports over the Aug. 1-10 period at 475,555 mt, up 29.8 percent over their July 1-10 estimate. NEWS Stocks take back all of yesterday's rally with a 350 point drop this morning as China does not reciprocate the move by the White...
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.