SPREADS May crush trades to 66.32c/bu while oilshare trades to 34.0%. Spreads leak lower with July/Dec corn inverse trading down to 85 1/2c from 91c, while May/July trades from 12 1/4c to 10 1/2c, and down from ctr highs of 14 1/4c. July/Nov bean inverse trades off to 1.81 3/4c from 1.92 3/4c, while March/May trade from a 3 1/4c inverse to 2c. March/May meal trades from $2.70 to $2.00. March wheat/corn trades from 1.00 to 1.07c. PALM OIL April down 93 ringgits NEWS Outside markets show stocks up 200 pts with crude oil reaching new highs at $55.14/barrel, and the US dollar firming to 91.18. CALLS Calls are as follows: beans: 20-22 lower meal: 6.00-6.60 lower soyoil: 50-60...
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.