SPREADS July crush trades up to 64.02c/bu while oilshare trades higher, recovering losses to trade up to 39.52%. July/Nov bean inverse trades higher to 1.44 3/4c from 1.42c, while May/July trades up to 8c inverse from 7 1/4c. July/Dec meal inverse softens to $13.50 from $15.50, while May/July meal carry trades from $4.10 out to $4.60. July/Dec corn inverse trades from 62 1/2c up to 65 3/4c, while May/July trades from 13c to 13 1/2c inverse. July wheat/corn spread trades from 74 1/4c up to 80c. May/July wheat trades from 1c to 2c carry. PALM OIL Malaysian palm oil gained more than 3% Friday, with cash offers for RBD palm oil and olein ended up 120 ringgits at 3,710 ringgit/ton. NEWS Stocks are higher...
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.
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