SPREADS Wheat inverses remain strong nearby, with May/July reaching 24c over on Friday, now trading from 13 1/2c high to 10 3/4c. July crush trades firmer to 1.18c/bu while oilshare is firmer at 29.79%. July/Dec corn narrows into 12c from 12 1/2c. July/Nov bean inverse trades from 13 1/2c down to 9 1/2c. July/Dec meal inverse trades from $12.10 to $10.90. May wheat/corn trades from 2.29 1/4c to 2.30c. PALM OIL June down 39 ringgits, down 1.6% as demand concerns outweigh supply disruptions due to coronavirus. NEWS Stocks are down 99 pts in quiet trade, with the US dollar firmer to 99.95. Crude trades to $21.89/barrel, off its all-time low of $19.85/barrel. CALLS Calls t...
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.