Price action in overnight trading of CME grain and soy contracts was mixed with minor changes. USDA’s weekly export sales report was the main fundamentally-related factor for grain and soy markets to ponder today, led by strong corn sales. General Comments USDA’s weekly export sales report was the main fundamentally-related factor for grain and soy markets to ponder today, led by strong corn sales. Last week’s export corn sales for 2015/16 reached a crop year high of 2.1606 MMT along with 2016/17 sales of 440,000 MT. The latter added about 20 percent to the previous total of new crop corn sales. Soybean sales were modest at 226,000 MT for 2015/16 but more impressive at 720,400 MT for 2016/17. Old crop soymeal sales of 209,600 MT were good...
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.