SPREADS Dec crush trades to 87c/bu while oilshare falls to 33.40 percent. Bean spreads widen out to 13 1/2c from 12 3/4c for Nov/Jan while Jan/March narrows into 12c from 12 1/4c. Dec/March corn narrows into 11 1/4c from 11 1/2c and values that were 13c. Dec/March wheat trades from 6 1/4c to 6 1/2c. PALM OIL Nov down 20 ringgits. Focus is on continued hot and dry weather, but that is not the main factor in market direction. Malaysian cash offers for Oct. delivered RBD palm oil traded $5/mt lower ending at $530.00/mt. Cash markets are lower as refiners struggle with the lack of Indian olein demand after Malaysia lost the differential duty advantage recently. India is swimming in...
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.