SPREADS Sep. crush trades higher to 89.51c/bu while oilshare trades over 35.0% to new highs of 35.30%. Sep/Nov beans trades from 2 3/4c to 3 3/4c carry. Sep/Dec corn trades from 10 3/4c to 11c. Sep/Dec meal trades from $6.00 to $6.40 carry. Wheat spreads are wider, with Sep/Dec trading from 7 3/4c out to 8 1/4c. PALM OIL Oct. up 37 ringgits on expectations for lower July production and inventories. Palm touched its highest level since Feb. 10. Strong palm oil prices continue to support soyoil futures. NEWS The Dow is off 59 pts in early trade as crude oil congests around $40/barrel. The US dollar trades down to 93.27. CALLS Calls today are as follow...
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.