SPREADS March crush trades to 77c/bu while oilshare trades at 33.13%. The July/Dec corn inverse remains firm trading from 70c to 73 3/4c, while May/July trades from 4 1/4c down to 3 1/2c inverse. March/May wheat trades from 1 1/4c to 1 3/4c carry. March wheat/corn trades from 1.37 1/2c down to 1.28c, with key support at 1.20c. March/May beans trades from 1 1/2c inverse to 3/4c. July/Nov beans trades from 1.74 1/2c up to 1.88c close. March /May meal trades from $3.90 inverse high down to $2.70. PALM OIL April closed down 5 ringgits NEWS Stocks are now down 209 pts with crude oil trading down to $51.44/barrel, with the US dollar trading up to 90.30. CALLS Calls are as follows: beans: 15-18 low...
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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.