SPREADS Jan crush trades to 1.37c/bu while oilshare trades at a steady 30.73%. Corn spreads remain very firm with Dec/March trading into new contract highs with Dec/Dec reaching a high of 27 1/4c from 24 1/2c. Dec/March wheat trades to a 1 1/2c inverse from 3/4c. Dec wheat/corn trades from 2.01c to 2.05 1/2c. Jan/March beans trades from 14 1/2c inverse to 15 1/4c, but still finds prices well under the 29c high. Dec/March meal inverse trades to a new high of $22.10 from $19.80. PALM OIL Malaysian Dec. cash offers for RBD palm and olien down $12.50/mt at $795.00/mt, and $797.50/mt, respectively. NEWS Stocks remain soft as the uncertainty of the election coupled with rising covid cases...
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.