World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Corn and wheat found continued pressure from overnight analysis of the August WASDE, while the soy complex managed to find significant support for the day. The market is still debating the accuracy of USDA’s corn estimates, but fund position liquidation is forcing it to adopt those figures for now. The dumpster fire that is the cattle markets continues to rage out of control (is it too soon to use that metaphor?) with both feeder cattle and live cattle futures closing limit down on their expanded daily trading limits. Outside markets were mostly higher this morning after the Trump administration announced its plans to impose tariffs on $300 billion of Chinese goods as of 1 September would be delayed on some products until 15 December...

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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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