The CBOT waivered on Wednesday with weakness continuing from Tuesday’s trade early in the day. Wheat futures weighed on other markets as better chances for rain in the southern Plains pushed wheat lower. The soy complex was the star of the day with soyoil scoring new contract highs, which, in turn, supported gains in soybeans as well. After a quick drop lower early in the session, corn gradually firmed and traded higher. Old crop/new crop spreads continue to firm in a sign of bullish commercial demand. Funds were net buyers of some 4,000 contracts of soyoil and 3,000 contracts of soymeal, but were sellers of corn, wheat, and soybeans. Funds are thought to have liquidated 9,000 contracts of corn, 6,000 contracts of wheat, and 10...
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.