SPREADS Sep. crush trades to 76.04c/bu while oilshare trades lower, back to test 34.0% once again. The bean inverse remains well bid with August/Nov closing at its highs of 4 1/4c from 2 3/4c. Sep/Nov also remains extremely firm trading into 2 1/4c from 3c. Sep/Dec corn widens out to 7 3/34c from 7 1/4c. Sep./Dec wheat firms to 6 1/2c from 7c. The Sep. wheat/corn spread trades from 1.94c to 1.97 3/4c. PALM OIL October palm down 21 ringgits NEWS The stock market is higher this morning crude oil prices hitting new trading range highs at $42.16/barrel, as economies continue to recover from Covid. The US dollar trades down to 95.61. CALLS Calls today are as follows: beans: 6-8...
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.