The major feature of the CBOT on Tuesday was the rally in all legs of the soy crush. Soybeans, soyoil, and to a lesser extent, soymeal, all posted strong gains for the day as U.S. demand comes into greater focus amid the plight of the Argentine crop. The ongoing drought in Argentina is prompting another series of crop production forecast cuts and the market is currently adding any lost Argentine production/exports to the U.S. export program. Soyoil posted a second day of strong gains while soybeans took back all of Monday’s losses. The grains markets were quieter but the weakness in the U.S. dollar allowed corn and wheat to push higher in early trade. CBOT wheat and corn futures, however, gave back those gains and settled sligh...
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.