SPREADS August crush trades to 84.39c/bu while oilshare remains steady at 46.0%. Sep/Dec corn inverse strengthens to 15 1/4c from 13 1/4c. Sep/Dec wheat trades to a 9c carry from 8 1/2c, but could widen out further with downside targets towards 10c-12c. Dec wheat/corn trades from 96 3/4c to 1.07 1/2c. August /Nov bean inverse trades from 44c up to 51 1/4c while Sep/Nov trades from 6c to 8 1/4 inverse. PALM OIL Sep. closed up 125 ringgit/mt, ending at 3,898 ringgit/mt. NEWS Stocks are up 260 pts as crude oil prices stabilize to trade up to $73.46/barrel. The US dollar trades down to 92.34. CALLS Calls are as follows: beans: 2-4lower meal: 2.00-2.20 lower 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.