Tuesday’s surprise (but not entirely unexpected) decline in U.S. corn and soybean conditions ratings, in tandem with more Russian attacks on Ukrainian ports, sent the CBOT sharply higher overnight. KCBT wheat was the only market, however, to maintain most of its strength with CBOT wheat, corn, and soybeans all paring gains heading into the close. For the summer crops, traders are betting the timing of the recent U.S. heat and dryness will mitigate yield losses and that the coming two weeks of favorable weather could help offset some of the effects. Pre-WASDE positioning is also ongoing with few willing to significantly expand risk before the September report, coming out next Tuesday. Funds were net buyers across the board, however, an...
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.