India is allowing commodity derivatives trading while the European Parliament wants to increase regulation on futures markets, time will tell which policy choice will be preferable. Elsewhere, hydrogen changes a product’s tariff scheme. Derivative Choices The Reserve Bank of India has decided to allow banks to offer commodity derivative products and exchanges are now working with the Forward Markets Commission in defining the rules of the game. Goldman Sachs had been the largest handler of commodity derivatives but it has now decided to jump into the cryptocurrency market. The Trump Administration wants to slightly loosen the reigns on futures trading but the European Parliament wants to raise the number of protective pools of money (marg...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.