Note: There will be no Technical Perspectives reports on Friday, 22 May. SPREADS July crush trades to 83.50c/bu while oilshare trades to 32.43%. July/Dec corn trades from 14 1/4c from 15c, while July/Sep trades from 4 1/2c to 5c. July/Nov beans trades out to 8 1/2c from 7c. July/Dec meal trades from $7.40 top $8.40. July wheat /corn trades from 1.97c to 2.01. July /Dec wheat narrows into 8 1/4c from 9 3/4c. PALM OIL Futures traded to the highest level in a month on signs that India and China have started to increase imports. Futures rose 2.3% to the highest since April 20 after Malaysia said Indian buyers booked palm supplies for June and July. NEWS Stocks were slightly...
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.