It wasn’t exactly “turnaround Tuesday” since the markets were closed yesterday, but it sure felt like it was. Wheat futures fell hard on short covering and a sharply higher dollar, despite lingering weather concerns. Corn was slightly lower after making a new high for its current rally, with hedge pressure blamed for much of the losses. Soybeans managed to work their way higher, with the Argentine weather again fueling higher prices. Outside markets are working against the CBOT with U.S. equities lower (the Dow off 200 points or 0.8 percent and the S&P 500 down 8.5 points or 0.3 percent) and the U.S. dollar index 50 points higher at 89.6. COMEX gold futures are down $23-24/ounce today while crude oil is mixed (W...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
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.