SPREADS July crush trades to 86.35c/bu while oilshare trades to 31.46%. July /Dec corn narrows into 17 1/4c from 18c, and vs. values that reached 19c. May/July corn trades from 3 1/2c to 4 3/4c. May/July wheat trades from a 6c inverse to 5 1/2c. July wheat/corn trades from 1.96 3/4c to 2.02 1/4c. July /Dec meal trades from $5.60 out to $6.00. July /Nov beans trades from 7 3/4c to 9 1/4c. PALM OIL July down 6 ringgits. Poll of analysts indicates that they expected next week's Malaysian April palm oil stockpiles rising by 10% MOM. NEWS The Dow is higher, up 300 pts, as crude oil prices rally back to $23.29/barrel as the country re-open. The US dollar is firmer...
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.