SPREADS Sep. crush trades to 73.94c/bu while oilshare is trading at 32.51%. Sep/Dec corn trades out to 8 1/4c from 6 1/2c. Sep./Dec wheat trades from 4 3/4c to 5 3/4c. SEp wheat/corn trades from 1.95c to 2.01c. Sep/Dec meal trades from $4.50 out to $5.10. PALM OIL Sep. up 15 ringgits, closing at its highest level in nearly 3 weeks as gains in global equities lifted market sentiment. NEWS Stocks are up 170 pts with crude oil trading up to $40.53/barrel. The US dollar trades down to 96.38. CALLS Calls today are as follows: beans: 8-10 lower meal: 3.30-3.80 lower soyoil: 20-25 lower corn: 5-7 lower wheat: 2 1/2-3 lower canola: 1.20-1.30 lowe...
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.