Company Filing History:
1 out of 832,880 Years Active: 2005
Title: Zhu Yong: Innovator in Agricultural Commodity Forecasting
Introduction: Zhu Yong is a notable inventor based in Madison, Illinois, specializing in agricultural commodity forecasting. With a keen understanding of market dynamics, he has developed a patented method and system that offers valuable insights into the pricing and consumption of agricultural products. His innovative approach integrates complex data to enhance the accuracy of forecasts.
Latest Patents: Zhu Yong holds a patent for a "Method and system for accurately forecasting prices and other attributes of agricultural commodities." This invention utilizes a general-purpose computer to forecast agricultural commodity prices, consumption amounts, production, and trade flows across different regions. The method considers various scenarios involving supply and demand, trade policies, and domestic regulations, effectively modeling an inter-regional market for agricultural goods like dairy products. By employing a multi-component spatial equilibrium function, it allows for sophisticated forecasting while accommodating intermediate commodities and reconstitution technologies.
Career Highlights: Throughout his career, Zhu has demonstrated remarkable expertise in agricultural economics and market analysis. His patent has notably advanced the field by enabling stakeholders to make informed decisions in an ever-evolving market. Zhu's systematic approach begins with creating a comprehensive inputs database and culminates in generation of forecasts presented through graphs, spreadsheets, maps, or other electronic formats, accessible via various media.
Collaborations: Zhu Yong has collaborated with distinguished professionals in the field, including Thomas L. Cox and Chavas Jean-Paul. These partnerships have facilitated the refinement of his inventions and contributed significantly to the advancement of agricultural forecasting methods.
Conclusion: Zhu Yong's contributions to agricultural commodity forecasting exemplify innovation at its best. His patented system not only enhances understanding of market trends but also supports effective decision-making in agricultural practices. As he continues to develop and refine his methods, Zhu's work stands as a testament to the impact of dedicated inventors in transforming industries.