SPREADS Dec crush at 91.46c/bu while oilshare trades to 33.45 percent, correcting lower today. Dec/March corn narrows into 11c from 11 1/4c, and values that were out to 13c. Dec 19/Dec 20 corn narrows into 33 1/2c from 34c, also continuing to see moderate strength. Nov/Jan beans slightly firmer at 13 1/2c from 14c and Dec/March meal trading from $5.00 to $5.20. Jan/March 20 bean spread trades into 12 3/4c from 13c. Dec wheat/corn trades from 1.20 1/2c to 1.15c. PALM OIL Cash markets are lower. NEWS Stocks are moderately higher up 30 pts in early trading, with crude oil the main feature in the macro world trading up to $59.64/ barrel. The US dollar is weaker trading down to 98.24. &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.