SPREADS May crush trades to 63c/bu while oilshare is 33.80%. Spreads are steady with July/Dec corn inverse trading to 86 1/4c from 83c and May/July at 10 1/2c to 11c. July/Dec wheat bounces to 96c inverse from 90 1/4c. March wheat/corn trades from 85c to 95c. July/Nov bean spread trades from 1.92 3/4c to 1.87c while March/May trades from 3 1/4c inverse to 2 1/4c. PALM OIL April closed up 65 ringgits at 3,382 ringgit/mt. The Malaysian Palm Oil Board is forecasting January export data to show exports at an estimated 1.056 mmt, down 35% from December. The decline is said to be attributed to the rush in Dec. to book cargoes ahead of Malaysia re-implementing an export tax in Jan.&nb...
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.