Commodity Market Transparency Through Data Exploration

该项目将生产一种食品制造和金融服务行业所需的产品，以降低风险决策，这将有助于在交易商品时确保较低的期货价格。人们普遍认为，商品市场目前缺乏透明度。其中一个因素是私人所有的贸易公司，它们躲过了监管机构的审查，并被指控操纵市场。目前，食品制造业的采购专业人士和基金管理的交易员必须使用对冲策略，以减少他们对市场波动的敞口，并确保有利可图的回报。该项目将开发一种小麦市场情报产品，使人们能够更清楚地了解小麦软商品市场。研究任务和更广泛的项目将探索小麦期货的数据集、大量的新闻报道以及有关小麦的其他数据和真实世界的卫星数据。这项研究工作将使人们能够从卫星数据中及早识别小麦市场的“市场变动”效应。这项工作将导致产品构建和测试。该产品将为使用该产品的采购专业人员和贸易商提供市场透明度，确保原材料成本和更大的回报。现在需要这种产品来帮助解决粮食安全问题，并帮助大宗商品交易商满足新的立法要求。风险更高、“不透明”的另类资产类别正在增长，它们投资于前沿和新兴市场农业项目。最后，适当卫星数据的增加和预测增长使这种类型的新产品成为可能。

The project will produce a product required by the food manufacturing and financial services industries to enable lower risk decision making, which will help secure lower futures prices when trading commodities.It is widely recognised that commodity markets currently have a lack of transparency. One factor of this is the privately owned trading companies, who have escaped regulatory scrutiny and have been accused of market manipulation. Currently procurement professionals in food manufacturing, and traders in fund management, must use hedging strategies to reduce their exposure to market volatility and secure profitable returns. This project will develop a wheat market intelligence product that enables a clearer view of the wheat soft commodity market.The research tasks and the wider project will explore datasets from wheat futures, the high volume of news reports and other data on wheat and real-world satellite data. The research work will enable early identification of 'market moving' effects in the wheat market from satellite data. The work will lead to product build and testing. The product will provide procurement professionals and traders using the product with a market transparency, enabling surety of raw material cost and greater returns. The product is needed now to help address food security and to help commodity traders meet new legislation. There is a growth in higher risk, 'opaque' alternative asset classes, investing in frontier and emerging market agriculture projects. Finally, the increase and forecast growth in suitable satellite data enables a new product of this type.