SPREADS Jan. crush trades higher to 1.34c/bu while oilshare trades to 30.84%. Look for higher crush values to underpin meal, while weaker energies should keep oilshare values trending weaker. Heavier than expected bean deliveries are weaker for spreads, with Nov/Jan beans trading out to 4 1/4c carry from 1 1/4c, and prices that were at an inverse. Jan/March beans inverse breaks down to 6c from 8c. Dec/March meal trades from $20.10 high to $17.60 inverse. Dec/Dec corn trades down to 9c from 11c, and an inverse that had been over 20c week ago. Dec/March corn trades out to a 5c carry from 4 1/4c. Dec wheat/corn trades from 2.01 3/4c down to 1.97 1/2c. PALM OIL Jan. down 32 ringgits...
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.