SPREADS March crush trades to 95.81c/bu while oilshare trades to 33.19%. Dec/March corn trades to 3 1/2c carry from 4c, while March/May trades from 2 1/4c to 3c carry. March wheat/corn trades back down to $1.50c from $1.53 3/4c. Jan/March beans trades from 1 3/4c to 2 1/2c carry, while the March/May meal inverse fall to $2.30 from $2.90. PALM OIL Feb. down 42 ringgits. The Dorab Ministry projected palm oil prices to reach 4,000 ring/mt in Jan if Malaysia extends its duty exemption in March, while La Nina still impacts SA crops. NEWS Equities are quiet this AM with the Dow off 66 pts. Crude trades down to $45.36/barrel while the US dollar trades to 91.23. CALLS Calls today ar...
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.