SPREADS July crush trades at 69.52c /bu while oilshare trades down to 40.99%. Spreads remain firm with July/NOv inverse from 1.84 1/2c down to 1.72 3/4c. May/July beans inverts to a 26c higher from 23 3/4c. July/Dec meal trades from $19.70 down to $19.50, while May/July trades from $3.90 carry into $3.00. May/July wheat trades from 1/2c to 2c carry. July /Dec corn firms to 90 1/4c from lows of 83 1/4c. July wheat/corn trades from 80c to 87 1/2c. PALM OIL July crude traded down 33 ringgits/mt. SGS on Monday forecast exports for April 1-25 at 1.116 mmt vs. 1.014 mmt prev. NEWS Stocks are 45 pts higher with crude oil trading mixed just above $60/barrel. Concerns continue over rising co...
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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.