Forecasting world agricultural production.(Market Strategy)

The Special Sensing Microwave Imager (SSMI) measures the temperature in the canopy and the level of moisture in the soil from both precipitation and irrigation. Because the signal is in the microwave spectrum, similar to our cell phones, transmission occurs through almost all types of cloud coverage, night and day. Using a 12 plus year climatologically base period, the temperature and wetness measurements can be translated into variations from normal (anomalies). Specifically, how much wetter or drier, colder or hotter, is it at the county level. This information is available in near real-time for every agricultural location globally during each week throughout the growing season. This data is run in Commodity Hedgers Inc.'s (CHI) proprietary models, and projected local and global agricultural yields forecasts are generated monthly. These monthly projected yield forecasts are …