SPREADS July crush trades to 84.79c/bu while oilshare is higher trading up to 31.11%. May/July corn narrows into 8 3/4c from 9 1/2c, while July /Dec trades at recent lows from 17 3/4c to 18 1/4c. July/Nov beans trades from 6c out top 8 1/2c carry. July/Dec meal trades into $5.40 from $6.50. July wheat /corn trades from 2.14c down to 2.06 1/2c. PALM OIL Up 11 ringgits, with June cash offers for RBD palm oil and olein up $2.50/mt higher, ending $520.00/mt and $522.50/mt, respectively. NEWS Stocks are higher, up 460 pts. even though the US economy shrank at a 4.8% annual rate last quarter, a quarterly drop for the first time in six years. It was the sharpest drop since the economy shrank at...
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.