SPREADS Sep. crush trades to 77.82c/bu while oilshare weakens down to 33.37%. The feature of the morning is the bean inverse, where August / Nov trades to new highs at 11c, up 4 1/4c. Sep/Nov trades from 1/4c inverse to 1 1/2c carry. Corn spreads continue to widen with Sep/Dec trading out to 9 1/4c carry. Sep/Dec wheat firms to 6 1/2c from 7c. Sep wheat/corn trades from 2.06 1/2cc to 2.07c. PALM OIL Oct. down 64 ringgits. NEWS Stocks are down 130 pts with the US dollar at 93.49 and crude oil trading down to $41.26/barrel. CALLS Calls today are as follows: beans: 10-12 lower meal: 3.30-3.50 lower soyoil: 35-40 lower corn: 3 1/2-4 lower wheat: 1 1/2-2 lo...
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.