SPREADS March crush trades top 1.08c/bu while oilshare moves into steady territory from lower at 33.70%. Bean spreads are still wide with Jan/March trading from 14 1/4c out to 15 1/4c. March/May beans trades from 14 1/4c to 14 3/4c. March/May meal narrows into $2.60 from $2.80, and from values that were over $3.00. March wheat/corn trades a narrow 1.46 1/4c to 1.47 1/4c. PALM OIL Feb up 40 ringgits and cash offers $28/mt higher. NEWS Stocks are higher up 52 pts extending gains on a strong jobs report. Employers added 266,000 jobs in Nov. and unemployment matched a 50-year low at 3.5% amid signs that the US economy is withstanding a global slowdown. Money flows unwi...
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.