World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It is now well into the second month of the partial government shutdown, and the blackout of the usual information from USDA continues. The only regular report still coming out is the weekly one from FGIS on the volumes of grain and soybeans inspected for export. This is made possible only by the fact that FGIS grain inspectors are vital personnel and therefore still working. Last week FGIS inspected for export 43.6 million bushels of corn, 40.8 million bushels of soybeans and 18.9 million bushels of wheat. For their respective 2018/19 crop years, export inspections for corn are at 810 million bushels, up 61 percent over a year ago. Soybean inspections total 717 million bushels, down 41 percent, and wheat inspections stand at 515 billion bu...

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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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