A growing list of companies around the world rely on Lanworth for an analysis of sophisticated data and its implications for markets, industries and services.
Rising demand for food, feed, and fuel has led to rapid expansion of the agricultural commodities markets. With producers adjusting cropping practices to accommodate demand, merchandisers, shippers, traders, and processors require more accurate and timely production forecasts.
Traditional forecasts from USDA and private firms are failing to meet this need. After years of late- and post-season corrections, the limits of traditional survey-based methods are clear. The market needs a better way.
Lanworth has developed a wholly new approach to agricultural forecasting. Employing real-time satellite image and weather feeds, extensive ground surveys, and advanced crop growth and yield models, Lanworth has offered highly accurate early season forecasts of corn, soybean, and wheat production in the U.S. and South America for the past three years. Better information means better risk management in the field, the market, and the supply chain.
A growing number of companies around the world rely on Lanworth for sophisticated analysis of commodity supply and its implications for markets and industries.
RAY: Real-Time Area and Yield℠ is Lanworth’s flagship offering in the agriculture sector. RAY is a subscription service that supplies vital, actionable intelligence on agricultural production for procurement executives, risk managers and commodities investors.
Since its inception, RAY has provided early intelligence into the direction of major market movements in the agriculture commodities market.
Inclement weather, economic uncertainty, and fluctuating commodity prices made the 2009 U.S. planting season a difficult one. Market expectations for USDA’s March Prospective Plantings and June Acreage reports diverged widely from the actual forecasts, and significant market corrections followed both reports.
In January 2009, Lanworth reported significantly greater U.S. winter wheat seeded area than USDA.
Unlike most commodities analysts and consultancies, Lanworth does not rely on third-party data sources. Lanworth’s forecasts are based on real-time imagery, weather data, and field observations integrated with dynamic models of crop growth and yield.
Near real-time monitoring of events such as the Midwest floods of 2008 supports Lanworth’s quantitative evaluation of key production parameters such as lost or delayed plantings and crop damage.
This page contains data and maps that our team of agronomists, geographers, meteorologists and remote sensing analysts have constructed as relevant insight into our current analysis
Lanworth Captures 2010 Plantings