There were few fundamental inputs, but today’s agricultural futures markets established new contract lows for corn, SRW and HRS. There was a new contract high for feeder cattle. The market has received new private sector crop estimates and next comes crop tours and the August...
There was higher volume today trading corn and hogs, and lower volume in the soy complex and SRW. New contract lows were printed for corn, SRW, and HRW. Yesterday’s crop progress report reflected potentially stellar crops and yield estimates from private analysts continue to p...
Infuriating Ingratiation Based on European press reports, the terms of the transatlantic trade deal (see Tariffs as a Tax) are less objectionable than the “humiliation” of “submission” to the U.S. But that is just Europe being its usual “bantie rooster.” ...
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.