SPREADS March crush trades to 1.00c/bu while oilshare is lower, trading down to 35.22%. July/Nov beans trade out to 5 1/2c from 5c, while March/May trades from 13c to 13 1/4c. March/May meal widens out to $4.60 from $4.50. March wheat /corn strengthens to 1.90 1/2c from 1.87 3/4c. March/May wheat trades from 3/4c to 1 1/4c. PALM OIL Down 43 ringgits in April. Malaysia has raised its export tax for crude palm oil to 6% for Feb, as announced by the Malaysian Palm Oil Board. Futures fell 1.5% today, the worst weekly decline in more than 11 years, dragged down by India's import restrictions on the refined products and the export tax hike. NEWS Stocks are higher up 82 pts with crud...
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.