Serving Professionals & Institutions
We serve professional grain traders and anyone with a financial risk arising from price changes in corn, soybeans, wheat, and other grain and soft commodities. Our users include grain traders, risk managers, grain merchandisers, data scientists, and fund managers, agricultural risk management providers – professionals and institutions rely on CropProphet’s accurate yield and weather forecasts to inform futures, options, and cash trading decisions. The CropProphet Yield Forecast System offers powerful risk management benefits built on years of research and analysis of decades of data.
Grain Merchandisers
Grain merchandisers benefit from using CropProphet by:
- Ensuring adequate crop supply via analysis of county, state, and national crop production predictions
- Anticipating changes in crop prices to minimize acquisition price or maximize sale price
- Understanding forecast uncertainty estimates & best-case/worst-case scenarios
Grain Traders
Grain traders benefit from using CropProphet by:
- Anticipating supply-based futures/options price movements before the market
- Trading differences in predictions relative to USDA WASDE estimates
- Quantifying model performance in different prior-year scenarios
- Receiving a daily email providing the latest insights prior to market opening
Data Scientists, Analysts, and Actuaries
Data scientists, analysts, and actuaries benefit from using CropProphet by:
- Leveraging accurate weather-based yield and production forecasts to assess in-season crop insurance portfolio risk
- Communicating with internal and external stakeholders with visually attractive yield prediction maps
- Quantifying portfolio risk with 34 years of historical county, state, and national forecasts
Risk Managers
Risk managers benefit from using CropProphet by:
- Analyzing and planning for risks directly related to weather’s impact on production
- Predicting regional crop yield to manage basis risks
- Using the crop yield and production forecast information to manage customer expectations
Hedge Fund Portfolio Managers and Data Analysts
Hedge fund portfolio managers and data analysts benefit from using CropProphet by:
- Developing systematic trading algorithms via backtesting prior to implementation using as much as 34 years of historical forecasts
- Developing a sound scientific process to ensure no overfitting
- Assessing model risk by analyzing CropProphet’s point-in-time, rolling, and cross-validated crop yield and production forecast performance
- Enabling proprietary crop model development via the CropProphet Weather Data feed. The feed includes historical, daily updated, and forecast weather conditions along with a suite of historical and in-season updated USDA data.