World Perspectives
feed-grains soy-oilseeds wheat

AM Post - Trade Talk Optimism

GOOD MORNING, Price action continues in trading range territory with the bean market well bid from $9.00 on the back of more optimism as regards trade talks.  US Treasury Sec Mnuchin and Trade Rep LIghthizer will travel to Shanghai on July 30.   Considering these advancements, more soybean bears are lifting their short positions.   Soyoil futures have also trended towards their trading range highs, pushing oilshare to monthly highs.  Stronger palm oil prices are part of the reason for the short-covering in Chicago futures.  Malaysia's biodiesel production and exports are set to hit record levels this year as lower palm oil prices set the stage for blending biofuels in both China and the EU.  Top off...

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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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