Commodity markets opened mostly in the red but managed a turnaround late in the session for corn, beans and wheat. There was not much fundamentally driving the market. Export sales were solid but there have been no new flash sales reports for several days. By contrast, equity markets opened mix...
Trade in ag futures was a tale of two cities, with grains sinking into the red while the livestock markets rallied to fresh highs. Grains and oilseeds saw pressure from lackluster technical conditions and, for corn and wheat, expectations of ample domestic and global supplies. Soybeans saw weak...
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.