SPREADS November crush trades to 96c/bu while oilshare is 33.26 percent. Corn spreads stabilize with Dec 19/Dec 20 trading to 32 3/4c from lows of 34c, and an inverse before the Aug. 12 report. Dec/March corn tightens to 12 1/4c from 12 1/2c. Sep/Dec corn firms back into 10 1/4c from 11c. Dec wheat/corn trades from 1.02 1/4c to 1.03 3/4c. PALM OIL Down 28 ringgits NEWS Stocks are up 209 pts to start the day with support under energies with a high in crude at $55.67/barrel. The US dollar strengthens up to 98.33. June US housing starts were revised to -1.8 percent from 0.9 percent. CALLS Calls are higher across the board: beans: 4-6 higher meal: 1.20-1.50 h...
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.