SPREADS May crush is slightly lower trading down to 1.02c/bu while oilshare trades to 34.31%. July/Nov beans trades out to 10 1/2c from 9 1/4c, while March/May meal widens out to $4.50 from $4.10. March/Dec corn trades out to 14c, while July/Dec widens back out to 2 3/4c from even. March wheat/corn trades from 1.79c to 1.83 1/2c. PALM OIL Holiday today. India's monthly palm oil imports from Malaysia could fall to the lowest level in nearly 9 years in January as the spat between the two countries has limited imports into India. Intertek estimated palm oil exports for Jan 1-25 at 1.022 mmt, down 1.3% from the 2.035 mmt shipped for Dec 1-25. NEWS Stocks are down over 400 pts as the glo...
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.