World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets are focused on two things – the trade talks this week in Beijing and the threat of another partial U.S. government shutdown on Saturday. Today, though, there was a generally optimistic feeling about both that helped push the soybean and corn markets higher. The next round of trade negotiations with China is underway in Beijing with USTR Robert Lighthizer and Treasury Secretary Stephen Mnunchin joining the talks. There is a broad but not necessarily well-founded feeling that enough progress will be made to bring about an extension of the 1 March deadline before President Trump ramps up tariffs on $200 billion of imported goods from China. However, hope springs eternal along with awareness that trade negotiations always take as...

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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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