SPREADS Dec crush trades to 83.41c/bu while oilshare continues to correct downward trading to 32.58%. Dec/March corn firms to 10 1/2c to 11c, where traders may be interested in bear-spreading. Dec 19/Dec 20 corn trades firmer on the rally into 12 1/2c from 16c. Nov/Jan beans head out to new lows at 14 3/4c, as traders continue to liquidate or roll forward Nov contracts. Dec/March meal trades from $5.80 into $5.40. Dec/March wheat trades from 7 1/4c into 6 1/2c. PALM OIL Nov up 19 ringgits, China back but kicking tires and not buying at higher levels. Asian palm oil prices closed higher, supported by moves in beans. The focus of the market will be on palm oil data from the...
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.