SPREADS Dec crush trades firmer to 79.59c/bu while oilshare trades to 32 percent, where it could see some support. Dec/March corn trades from 11 3/4c to 12 1/4c, while Dec 19/Dec 20 is weaker trading out to 18 3/4c from 16 1/4c. Dec wheat/corn trades from 1.06 1/4c to 1.03 1/4c. Dec/March meal trades from $4.60 out to $4.90. Nov/Jan beans trade from 13c to 14c while Jan/March trades from 8 3/4c to 9 3/4c. PALM OIL Nov down 26 ringgits, following Chicago yesterday. Volumes low with China out on holiday. Malaysian cash offers for RBD palm oil traded down $7.50/mt. poll of analysts expected Malaysian August palm oil exports at up 1.7 percent vs. the prior month, and up 2.5 pe...
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.