SPREADS May crush trades to 81.52c/bu while July trades at 72c/bu. May oilshare trades up to 41.0%, while July trades to 40.39%. July/Nov bean inverse is stronger again trading up to 1.64 3/4c from 1.58 1/2c. May/July beans trades down to 9 3/4c inverse from 10 3/4c. July/Dec meal firms off of lows of $29.60 to $31.80. July/Dec corn inverse trades up to 53 1/2c from 50c, while May/July trades from 10 1/2c down to 9 3/4c. May wheat/corn trades from 99c to 1.04c. PALM OIL May palm up 8 ringgits at 4,133 ringgit/mt. Intertek reported that palm exports over the March 1-15 time period are 507,283 mt, down 4.4% from their same Feb timeframes. NEWS Stocks were higher in o...
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.