SPREADS Jan crush trades to 1.22c/bu while oilshare trades to 31.47%. Spreads are mixed with Dec/Dec corn inverting to 19 3/4c from 15 1/2c. Dec/March is weaker trading out to 8 1 /4c carry from 7 1/2c as Dec. contracts are rolled forward. Dec /March wheat trades from 7 1/4c to 8c carry. Dec wheat/corn trades from 1.86c down to 1.83 3/4c. Jan/March inverse is congesting from 1 1/4c to 3 1/4c. PALM OIL Closed up 1.24% to 3,346 ringgit, the highest price traded since May 2012. NEWS Stocks are up 148 pts with a high of 29,570. Crude trades up to $43.06/barrel, and the US dollar at 93.14. CALLS Calls are as follows: beans: 6-8 higher meal: 3.00-3.50 higher soyoil:...
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.