SPREADS March crush trades at 1.04c/bu while oilshare trades to 35.80%. July/Dec corn trades from 1c to 1 3/4c while March/May trades closed at 6 3/4c. March wheat/corn closed at 1.53 1/2c. PALM OIL March closed 80 ringgits higher. The Malaysian Palm Oil Association said production fell 16.4% during the period Dec 1-20, worse than the expected 15%. NEWS Stocks are 25 pts higher while crude oil trades to $61.54/barrel and the US dollar is weaker at 97.59. CALLS Calls today are firmer: beans: 1/2 -1 higher meal: .30-.80 higher soyoil: 10-15 higher corn: 1/2 higher wheat: 1/2-1 higher TECHNICALS March Wheat: Prices are sideways from $5.25-$5.56. Triple lows d...
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.