SPREADS March crush trades to 77.20c/bu while oilshare is 33.89%. July/Dec corn trades to a new contract high at 89 1/2c with May/July at ctr highs of 8c inverse. March/May wheat trades to 1c carry from 1/2c. July/Nov beans trades from 2.02 3/4c to 2.09c, while March/May trades from 2c inverse to 1 1/4c. March wheat/corn trades from 1.24c down to 1.12 1/4c. PALM OIL Public holiday NEWS Stocks are down 22 pts with jobless claims falling to 847,000, down 67K. The US economy shrank for the first time since the Great Recession after growing at a 4% rate last quarter. Crude trades to $53.03/barrel, while the US dollar trades to 90.86. CALLS Calls are as follows: beans: 8-10 higher meal: 1...
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From WPI Consulting
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.