World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

More positive news during the weekend regarding the prospects for an agreement to end the U.S.-China trade conflict buoyed the soybean complex both last night and early in today’s session. China also said late Friday that it will purchase another 10 MMT of U.S. soybeans. The news that President Trump suspended the 1 March imposition of additional tariffs against China sent U.S. equity markets higher today. Crude oil was down nearly $2.00/barrel, and the U.S. dollar was slightly higher.   Corn FUTURES Corn futures traded 2-3 cents higher overnight, but they changed direction when the wheat market gave up today and ended 3.25-4.75 cents lower at the close. Neither the export sales announcement of 279,000 MT of old and new cr...

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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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