SPREADS Volumes remain heavy in spread trade as March contracts move forward. March/May corn traded over 100,000 times on the second day of the Goldman Rolls. May crush trades to 98c/bu while oilshare trades at 34.20 percent. Corn spreads are weaker with July/Dec trading to 3 ¼ cents from 2 ½. March/Dec corn trades from 11 ½ to 12 ¼ cents. July/Nov beans trades into 8 cents from 8 ¾, and values that were wider a few days ago. March/May meal trades from $5.50 to $5.70. PALM OIL Down 61 ringgits and cash off $10.00/MT. NEWS Stocks are 100 pts higher with commodity prices stabilizing further with crude back over $50/barrel to $50.62/barrel. Gold prices are lower Calls today are as foll...
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.