The CBOT finished higher in the wake of a WASDE report that featured record large U.S. corn and soybean yields. The report was not quite as bearish as pre-report expectations suggested, with ending stocks figures for corn and soybeans remaining in-line with historic norms. Additional support came from the acknowledgement that Wednesday’s yield forecasts do not include the impacts of any adverse weather after 1 August (i.e., the derecho wind event across the Corn Belt earlier this week). Traders are looking for the U.S. corn yield in particular to be revised lower once those impacts are more fully known. The key features from today’s WASDE were the record large corn and soybean yields, pegged at 181.8 and 53.3 BPA, respect...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
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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.