Developing a product for the food manufacturing and financial services industries to enable lower risk decision making, which will help secure lower future prices when trading commodities.
  • DatesAug 14 - Feb 16
  • SponsorNERC
  • Funded£49,253
  • PartnersGeospatial Insight Ltd., Innovate UK.

The research tasks and the wider project explored datasets from wheat futures, the high volume of news reports and other data on wheat and real-world satellite data. The WheaTrac products developed provide updates and trading alerts according to your subscription level. The main area of focus is the wheat growing states across USA.

Over the winter wheat growing season the weather forecast, actual weather experienced and the resulting growth of the crop and any impacts on it are reported. In addition to these weather and wheat crop fundamentals which are reported from proprietary processing of the observed satellite data, WheaTrac also reports the main wheat market fundamentals and using proprietary mix of technical analysis oscillators and algorithms to generate a unique price action risk matrix.

Read more about WheaTrac

Learn more about the project on the UK Research and Innovation website