Dec 25 Corn closed at $4.155/bushel, up $0.0125 from yesterday's close. Sep 25 Wheat closed at $5.47/bushel, down $0.0075 from yesterday's close. Nov 25 Soybeans closed at $10.0725/bushel, down $0.1025 from yesterday's close. Dec 25 Soymeal closed at $282.9/short ton, down $1.4 from yesterday's close. Dec 25 Soyoil closed at 53.27 cents/lb down 0.73 cents from yesterday's close. Aug 25 Live Cattle closed at $219.775/cwt down $0.2 from yesterday's close. Aug 25 Feeder Cattle closed at $320.475/cwt up $1.35 from yesterday's close. Aug 25 Lean Hogs closed at $107.225/cwt up $0.45 from yesterday's close. Aug 25 WTI Crude Oil closed at $68.24/barrel down $0.09 from yesterday's close. ...
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.