SPREADS May crush trades up to 78c/bu while oilshare trades 40.42%, and vs. values that were 35.0% weeks ago. July/Nov bean inverse softens to 1.55c from 1.59 1/2c, while May/July trades from 13c to 11 1/4c. July/Dec meal trades down to $29.10 inverse, a new low, from $30.40. July/Dec corn inverse trades to 42c but appears to find support and a trading range high of 45c. May/July corn trades from 9 1/2c to 10 1/2c. May/July wheat inverse trades from 5 1/2c to 7 1/4c. May wheat/corn trades from 1.04c to 1.10 1/2c. PALM OIL May up 66 ringgits at 4,126 ringgit/mt. NEWS Stocks are up 50 pts with tech stocks trading lower. The US dollar trades up to 91.95 while crude trades down to $65.4...
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.