SPREADS August crush trades to 81c/bu while oil share trades to 43.51%. Bean inverses are weaker with July/Nov trading down to 1.60c from 1.65 3/4. July /Dec meal inverse trades down to $5.60 from $7.60, and from values that were $20.00. July/Dec corn trades down to 1.09 3/4c from 1.14 1/4c, while Sep/Dec inverse trades from 25 1/4c to PALM OIL Closed 119 pts lower for August. NEWS Stocks were up 130 pts with crude oil prices trading up to $63.35/barrel, and the US dollar at 89.65. CALLS Calls are as follows: beans: 8-10 lower meal: 80-1.00 lower soyoil: 55-60 lower corn: 4-6 lower wheat: 5-7 lower canola: 6.00-$7.00 lower BUSINESS No bu...
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.