World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 3,574,800 metric tons for delivery in the 2018/2019 marketing year were reported for Nigeria (444,400 MT, including 24,000 MT switched from unknown destinations and decreases of 11,200 MT), unknown destinations (400,600 MT), the Philippines (303,700 MT, including decreases of 18,800 MT), Mexico (299,400 MT, including decreases of 25,700 MT), and Malaysia (258,800 MT, including 99,000 MT switched from unknown destinations).    Reductions were reported for Bangladesh (15,300 MT), Thailand (10,000 MT), Costa Rica (5,700 MT), and Canada (3,400 MT).  For 2019/2020, net sales of 244,100 MT reported for Nigeria (76,600 MT), the Philippines (57,000 MT), Thailand (56,500 MT), and unknown destinations (35,000M...

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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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