SPREADS August crush trades to 77c/bu while oilshare trades to 44.83%. Bean bull spreads are firmer with Jly/Nov trading up to 1.69c from 1.61c. July/Dec meal trades down to $1.20 inverse from $2.80, slide into carry? Sep/Dec corn trades from 28c to 26c, while July/Dec trades from 1.11 3/4c from 1.05c. July wheat/corn trades from 29 1/2c down to 26 3/4c. PALM OIL Closed for holiday. NEWS The Dow is up 50 pts with crude trading to $65.25/barrel, and the US dollar trading up to 89.58. CALLS Calls are as follows: beans: 3-5 lower meal: 2.40-2.80 lower soyoil: 3-5 lower corn: mixed, but July corn up 2 1/2-3 wheat: 4-6 lower canola: 5.80-6.00 l...
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.