SPREADS Dec crush trades to 89c while oilshare trades to 44.76%. Dec/March corn carry trades from 8c to 8 1/4c, while Dec 21/22 trades from 20c inverse to 19c. Dec /March wheat trades from 10 3/4c to 11c carry. Dec wheat/corn trades 1.76 1/2c. Nov/Jan trades from 9c to 9 1/4c, while Nov 21/Nov 22 inverse trades from 23 3/4c to 23 1/2c. PALM OIL Nov. up 21 ringgits. SGS estimated palm exports at 1.070 mmt, up 3.6.7% vs. month ago. NEWS Stocks are up 228 pts as crude oil firms to $71.63/barrel. The US dollar rallies to 93.08. CALLS Calls are as follows: beans: 2-3 higher meal: .80-1.00 higher soyoil: 10-20 higher corn: 2 lower wheat:&nb...
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.