In future, Mundus Agri will issue weekly commodity market forecasts on corn, wheat and soybeans, rapeseed, sunflower seeds and flaxseed. These forecasts will be made in cooperation with a start up that has specialised in forecasts for the food and feed commodity industry.
The self-learning forecasting software is capable of generating local price forecasts for individual soft commodities on a weekly basis. In cooperation with Mundus Agri the clearly structured data will be made available in the member area at any given time.
In evaluating millions of reports and statistics, such as prices and meteorological and economic data, the programme identifies patterns. The artificial intelligence assesses in how far the data is relevant for any developments in price.
Machine learning designs mathematical algorithms that are capable of analysing and learning from data and of creating data-related forecasts based on the knowledge acquired. For the forecasts, artificial neural networks had to be carefully trained to learn how the different markets and drivers correlate.
Mundus Agri offers Titan Members the possibility to view all weekly forecasts in advance before they are published every Friday. This gains them a competitive advantage of several days over other market Players that may prove decisive.
In case you are interested in the exclusive advance information issued as weekly market forecasts on the most important cereals and oilseeds, Carsten Megow will be delighted to answer your queries.