SPREADS Jan crush trades to 1.29c/bu while oilshare firms to 31.38% from recent lows closer to 30.0%. Dec/March corn trades into even from 1 1/2c carry, while Dec/Dec trades up to 25 3/4c inverse from 23 3/4c, and what was at one point a 40c carry during the summer. Dec/March wheat trades into 1/2c to 3/4c carry. Dec wheat/corn trades from 2.07c down to 206c. Jan/March bean inverse trades from 14 3/4c to 13 1/2c. Dec/March meal trades from $19.70 inverse to $18.50. November bean open interest falls to 132,361 vs. January at 361,789. PALM OIL Jan palm oil closed up 127 ringgits, underpinning soyoil futures today. Intertek forecast Malaysian palm oil exports over the Oct. 1-25 period at 1.398...
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.