SPREADS Dec crush falls to 85c/bu while oilshare corrects back towards 33 percent with a morning trade at 33.14 percent. Sep/Dec corn trades a touch weaker from 11c out to 11 1/2c, vs. values that were 13c. Dec 19/Dec 20 corn trades into 30 3/4c from 32c. Dec wheat/corn trades from 1.10 3/4c to 1.13c. Nov/Jan beans trade from 13 1/4c to 13 3/4c while Jan/March narrows into 11 1/2c from 12 1/4c. Dec/March meal narrows into $4.70 from $5.00. PALM OIL Nov down 40 ringgits. Cash is quiet with offers for Oct. delivered Malaysian RDB palm oil lower at $530.00 /mt. Palm fundamentals are bearish right now. Exports are looking sluggish and is weighing on the market, as traders are...
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.