World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Overnight trade in grain and soy futures found soybeans enjoying support from more non-commercial buying while grains traded in mixed fashion. Grain and soy markets are due for a pause and some adjustment from this week's sharp rally. The overnight pattern set the tone for daytime trading. Some profit taking was evident, but without a significant change in the weather outlook, traders will be very cautious. Trading volume was noticeably lighter than the past two days but still remained in the moderate range. Trader caution was clearly evident when a lack of sellers allowed nearly all grain and soy contracts to close the day session with green numbers. Markets remain technically bullish. Markets will soon be due for some...

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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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