SPREADS May crush firms to 75c/bu while oilshare trades to new highs at 39.97%. Inverses find stability. July/Nov trades from 1.56c to 1.60 1/2c, while May /July beans trades from 15c to 13 1/4c. July/Dec meal inverse trades from $31.20 up to $33.30. July/Dec corn trades from 42 3/4c inverse up to 38c, while May/July trades from 9 1/4c to 10 1/4c. May wheat/corn trades from 1.19c down to a closing price of 1.07c. PALM OIL May palm oil closes up 79 ringgits to 4,053 ringgit/mt. SGS estimated exports at 334,556 mt for March 1-10 which was down 18.4% from Feb 1-10. NEWS Stocks are 80 pts higher as the number of Americans seeking unemployment dropped by 42,000 from 754,000 the week before.&nb...
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.