World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The partial government shutdown continues with little or no progress in talks between Democrats and Republicans. The USDA said next Friday’s important series of reports will not be released. These reports will include the “final” 2018 U.S. corn and soybean production estimates, quarterly stocks numbers, winter wheat seeding estimate, and the revised WASDE. The data for these reports was collected during the first two weeks of December, before the shutdown began, but has not been analyzed. Outside of the monthly/quarterly reports, the government shutdown is leaving the trade in the dark about export sales. There are rumors that China has been actively buying soybeans from the U.S. but there is no way to confirm the rumors...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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