SPREADS March crush is slightly lower, trading to 1.05c/bu, while oilshare sees a bit of profit-taking trading back below 36.0% to 35.93%. Jan/March beans narrows into 10 1/2c from 11 3/4c, while March/May trades from 13 1/2c to 13 3/4c. Jan/March meal trades out to $4.40 from $4.20. March/May meal trades from $3.30 to $3.50. March wheat/corn trades from 1.58 1/2c to 1.62 1/2c. March/May corn trades from 6 1/4c to 6 1/2c. PALM OIL March palm closed up 40 ringgits. SGS forecast their estimate of palm oil exports for Dec 1/20 at 837,873, vs. 933,321 over the Nov 1/20 period. NEWS Stocks are at record highs again this morning, up 42 pts. Crude trades slightly we...
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.