SPREADS August crush trades to 94c/bu while oilshare trades to 45.38%. Jul/Nov bean inverse trades from 89c from 1.03c, while Sep/Dec meal carry trades from $3.00 out to $4.20. July/Dec corn trends higher to 98 1/2c from 91 1/4c, while Sep/Dec weakens to 17c from 19 1/4c. Dec wheat/corn trades from 1.03 3/4c to 96. Dec/March wheat trades from 6 1/2c carry to 6 3/4c. PALM OIL Sep. palm oil down 144 ringgit lower. Indian's gov. announced they would keep their palm oil and soyoil base import prices steady. The base import price is used to calculate the amount of tax importers pay. NEWS Stocks are down 30 pts as the market awaits the outcome of the two-day Fed meeting, to see if a more hawkis...
From WPI Consulting
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.