SPREADS Jan crush trades 1.27c/bu while oilshare trades to 30.79%. Cash markets are breaking a bit this morning which is also pressuring the spreads. Dec/March corn trades back out to 5c from 3 1/2c carry, while the Dec/Dec spread inverse falls to 9 1/4c from 13 3/4c. Dec/March meal inverse congests from $18.50 to $17.50. Jan/March beans trades from 9 1/2c inverse weakening to 7 1/2c. Nov/Jan beans trades back out to 2 1/4c carry from 3/4c on heavier than expected deliveries. PALM OIL Jan. closed down 44 ringgits ending at 3,007 ringgit/mt. NEWS The stock market is 225 pts lower with crude oil trading down to $35.35/barrel. CALLS Calls are as follows: beans: 7-9 higher mea...
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.