SPREADS August crush trades to 91.90c/bu while oilshare trades 45.61%. August /Nov bean inverse trades to 43 1/2c down to 39 1/4c., while Sep/Nov trades from 7 1/2c down to 5 1/2c. Sep/Dec meal carry trades from $3.60 out to $4.50. July/Dec corn trades at 1.21 1/2c, with Sep/Dec inverse trading from 11c to 12c. Dec /March wheat carry trades from 7 1/4c to 7 3/4c. Dec wheat/corn trades from 97 1/4c to 96 3/4c. PALM OIL Sep. down 24 ringgits with cash down $2.50/mt. NEWS Stocks are down sharply over 450 pts with crude oil trading down to $70.76/barrel on the possibility of weaker demand if covid concerns continue over the Delta variant. The US dollar trades to 92.33. CALL...
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.