SPREADS Sep. crush trades down to 1.15c/bu while oilshare trades lower to 45.92%. Sep/Dec corn trades from 1 1/2c to 2c carry, while Dec/March trades out to 8 1/4c from 7 3/4c. Sep/Dec wheat trades from 13 3/4c to 14 1/4c carry. Dec wheat/corn trades down to 1.69 1/4c from 1.78 3/4c. August /Nov bean reaches a high at 92c from 86c, while Sep/Nov inverse strengthens to 9c from 7 1/4c. Nov/March bean trades from 1/2c to 1 3/4c carry. Sep/Dec meal trades from $1.70 out to $2.30. PALM OIL Oct. down 77 ringgits/mt with cash prices down $10.00/mt. NEWS Stocks are lower down 62 pts with the feature of the morning that of weaker crude oil, which trades down to $65.15/barre...
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.