SPREADS Dec crush trades to 98.93c/bu while oilshare firms back to 32.97 percent. Dec/March corn trades into 10 3/4c from 11 1/4c while Dec 19/Dec 20 trades into 27 1/4c, new highs from 29c. Nov/Jan beans trade from 13 1/2c to 13 3/4c, while Jan/March trades from 11c to 11 1/2c. Dec/March wheat firms into 6 1/4c from 6 3/4c. PALM OIL Nov closes up 5 ringgits. Hot and dry weather was the supportive chatter, but better rainfall has been noted this week. Malaysian Oct cash offers traded off $2.50 lower ending at $517.50/mt. MPOA announced production figures for Sep 1-20 exports, which were better than expected, but still not bullish. Pieces of biz traded to India with China q...
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.