SPREADS March crush trades to 95.48c/bu while oilshare trades to 32.47%. Dec/March corn narrows into 5 1/4c from 6 1/4c, no deliveries. March/May corn trades from 3c to 3 3/4c. Dec/March corn trades from 8 1/2c to 10 1/2c on deliveries. March wheat/corn trades from 1.62 1/2c down to 1.60c. PALM OIL Feb. closes down 34 ringgits, as lower exports are weighing on prices. NEWS The stock market is down 140 pts with crude slightly weaker at $43/barrel. The nonfarm private sector in the US added 307,000 jobs in Nov, signaling a slowdown in payroll gains, as reported from ADP. DELIVERIES Soyoil: 100 CHS puts out 100, ABN Amro stops 96 SRW: 110 KC wheat:&nbs...
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.