SPREADS July crush trades to 80.92c/bu while oilshare trades to 31.23%. July/Dec corn trades from 15 1/2c out to 16 1/4. July/Dec wheat trades from 10 1/34c out to 11 3/4c. July/Nov beans trades into 2 3/4c from 6c while July/Dec meal trades into $4.30 from $5.60. PALM OIL Holiday NEWS Stocks are off 280 pts as more questions return about the process recovery, and more economic numbers will be released this week. Crude oil trades down to $23.67/barrel and the US dollar firms to 100.11. CALLS Calls today are as follows: beans: 5-7 higher meal: 2.20-2.50 higher soyoil: 8-10 higher corn: 2 higher wheat: 1/2-1 higher canola: 1.40-1.60 higher TECHNICALS July...
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.