World Perspectives

2018 Election Boils Down to Structural Advantage

The 2018 midterm congressional elections will be held a week from tomorrow, and polls as well as other factors today indicate the outcome is more likely be the result of structural advantage by party rather than political issues. This seem counterintuitive given all the media focus and pronouncements from the chattering class on Sunday political talk shows, the anti-Trump resistance, the Trump takeover of the Republican Party, and other perceived political phenomena. The bottom line is that Democrats seem poised to take over the House with Republicans probably maintaining control of the Senate. There are 39 Republicans and 18 Democrats not running for re-election. Of that group, 13 Republicans and 10 Democrats are seeking another office (i...

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Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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