SPREADS Sep. crush trades to 1.24c/bu while oilshare trades to 46.48%. Sep/Dec corn spread finds little direction, trading from 2 1/2c to 1c inverse, while Dec/March narrows into 7 3/4c from 8c. Sep/Dec wheat widens out to 13 1/4c from 12 1/2c. Dec wheat/corn trades from 1.75c to 1.79c. August/Nov bean inverse trades from 73c to 74 1/2c, while Sep/Nov inverse trades higher to 8 3/4c from 7 1/4c. PALM OIL October palm closed up 66 ringgits/mt at 4.285 ringgit/mt. NEWS Stocks are 95 pts higher with crude oil prices heading back over $70/barrel, and the US dollar trading up to 92.63. CALLS Calls are as follows: beans: 4-6 higher meal: .80 - 1.00 higher soy...
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.