SPREADS May crush is back under 1.00c/bu, trading to 98.41c/bu. Oilshare firms back over 34% to trade to 34.60%. Spreads are firmer with July/Dec corn trading to even to 1/4c inverse. March/May trades from 5 3/4c to 6c. July/Nov beans narrows into 10 1/2c from 12c. March/May wheat trades from 1 1/2c to 2 1/2c inverse. March wheat/corn trades from 1.81 1/2c to 1.75 3/4c. PALM OIL April up 64 ringgits. Malaysian veg oil officials stated that they expect palm oil demand to remain high in China as people there will eat more packaged food after being forced indoors due to the virus epidemic. The head of Malaysia's palm oil board suggested crude palm oil prices in 2020 will average 2,817 ri...
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.