SPREADS March crush trades to 97c/bu while oilshare trades down to 35.74%. July/Dec corn trades from 1 3/4c to 2c, while March/May trades back out to 7c from 6 3/4c. July/Nov beans trades out to 3 1/4c from 1 3/4c. March wheat/corn trades to 1.85c from 1.80c. March/May meal is slightly wider out to $4.70 from $4.50. PALM OIL March down 60 ringgits, with Malaysian Feb cash offers down $10/mt lower at $770.00/mt and $772.50/mt, respectively. Consumers were nowhere to be seen as prices worked lower. NEWS Stocks are slightly lower, down 24 pts., as the Phase One deal gets signed and traders try to get any purchase details. Crude slips to $57.84/barrel. US producer pric...
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.