SPREADS July crush trades to 79c/bu, while oilshare firms to 31.44%. Spreads are firmer with July/Dec corn narrowing into 15c from 16 1/4c, (and values that were out to 19c), with May/July at 1 3/4c. May/July wheat its an 8 1/4c inverse high, while July /Dec trades into 10 1/4c from 11 1/2c. July /Nov beans trades into 3c from 4 1/2c. July/Dec meal trades from $5.40 to $6.10. July wheat/corn trades from 1.99 3/4c up to 2.03 1/4c. PALM OIL Malaysian June cash offers for RBD palm oil and olein on Friday traded up $12.50/mt and $517.50/mt, respectively. Prices advanced the most since early March, rebounding from a 10-month low, with firmer soyoil and petroleum prices boosting the attractiveness of t...
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.