May 19 Corn closed at $3.7025/bushel, up $0.0375 from yesterday's close. May 19 Wheat closed at $4.5275/bushel, up $0.055 from yesterday's close. May 19 Soybeans closed at $8.985/bushel, down $0.025 from yesterday's close. May 19 Soymeal closed at $305.9/short ton, up $1.2 from yesterday's close. May 19 Soyoil closed at 29.57 cents/lb down 0.36 cents from yesterday's close. Apr 19 Live Cattle closed at $127.4/cwt up $0.725 from yesterday's close. Apr 19 Feeder Cattle closed at $144.65/cwt up $0.525 from yesterday's close. Apr 19 Lean Hogs closed at $65.8/cwt up $2.325 from yesterday's close. Apr 19 WTI Crude Oil closed at $58.5/barrel up $0.24 from yesterday's close. ...
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.