SPREAD Sep. crush trades to 1.19c/bu while oilshare is firm at 46.87%. Sep/Nov bean inverse trades from 7 3/4c to 6 1/4c. Nov/March beans trade from 1c to 1 1/2c carry. Sep/Dec meal trades from $2.20 to $2.70 carry. Sep/Dec corn trades from 2 3/4c to 3 1/4c carry. Sep/Dec wheat trades from 12c to 12 1/4c carry. Dec wheat/corn trades 1.82 1/4c to 1.76 1/4c. PALM OIL October closed down 40 ringgits to 4,471 ringgit/mt. NEWS Crude oil trades firmer to $69.72/barrel with stocks slightly firmer up 36 pts. The US dollar trades down to 92.87. CALLS Calls are as follows: beans: 2-4 lower meal: 1.00-1.30 higher soyoil: 20 lower corn: 1-2 lower whea...
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.