SPREADS October crush trades up to 1.01c/bu while oilshare is steady at 32.68 percent. Corn spreads are weaker with Dec 19/Dec 20 trading out to 35c from 33 1/2c. Dec/March trades back out to 13c from 12 1/2c. Dec/March wheat trades out to 8 3/4c from 7 1/4c on the back of heavy deliveries. Nov/Jan bean spread trades from 13c out to 13 3/4c, with levels that were previously just over 14c. Dec/March meal trades from $4.30 to $4.50. PALM OIL Down 62 ringgits with better rainfall projections. SGS estimated Malaysian 2019 August palm oil product exports at 1.661 mmt, up 15.6 percent vs. July exports. Dec soyoil futures are lower on the back of weaker palm, canola, and crude oil. NEWS Th...
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.