GOOD MORNING, Prices are higher across the board as we begin the trading week with the focus on USDA’s report at 11:00 CDST and crop progress tonight. As is usual, Monday's are for position - evening, and funds are net short across the board except in soyoil, providing short-covering activity overnight and into the morning. Last week, selling pressure was tied to stories that the Trump administration might look into limiting US investment in Chinese companies while looking at possibly de-listing them from US stock exchanges. More negative rhetoric resulted in more negative price action last Friday, particularly where beans were concerned. This week, the tables are turned. Top level Chinese...
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.