SPREADS March crush trades to 1.06c/bu while oilshare firms to 35.90%. Traders still buying soyoil against meal. Traders are still spreading out of Jan ctrs. Jan/March beans trades from 13 1/2c to 14c, with Jan/March meal trading from $4.40 / $4.50. July /Dec corn trades at even to 3/4c carry. March/May corn trades back out to 7c, easily giving up gains. March wheat/corn trades from 1.58c to 1.60c. PALM OIL March up 1 ringgit, following higher prices for beans/soyoil at the Chicago Exchange. NEWS Stocks have moved both sides of even, up 13 pts. Crude extends gains over $60/barrel to trade to $60.55/barrel. The US dollar trades to 97.29. Stocks got a boost fro...
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.