World Perspectives
feed-grains soy-oilseeds wheat

A Week’s Worth of Differences

The trading record shows how thoroughly the price action of November soybeans has been dominated by the July contract, which is to say, by the very tight old crop supply situation. This is why the November soybean price has held so stubbornly well above $12.00 despite several factors.We spent last week in Canada, more precisely in eastern Manitoba on a fishing trip to the Winnipeg River that flows generally northward from Lake of the Woods on the Ontario/Minnesota border to Lake Winnipeg. We had no access to cell phones, the Internet, newspapers, radio or TV, and it was delightful! Everyone needs a week without markets once in a while.What did we miss? Not much, as it turns out. Last week appears to have been more of the same with rapid pla...

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feed-grains soy-oilseeds wheat

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U.S. grain transportation markets are slowly recovering from the shocks of bitter cold weather and low water levels on the Mississippi River System and from the surge in export demand. The latter is also causing strong rallies in ocean freight markets, particularly in the Atlantic basin. With g...

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livestock

Livestock Round Up: Cattle Margins and Distribution

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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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