World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Futures markets opened at 10:30 ET this morning for the first time since the Christmas holiday, but judging from today's very light trading volume, the holiday is continuing for many traders. As a result of the light volume, it did not take many orders to move prices, and most of today's orders seemed to be sell orders. An opening attempt at a rally quickly faded as non-commercial selling took over. Funds of various types including technical traders continued the same selling pressure that dominated pre-holiday trade. Liquidation was the game today, and no doubt some managed money pools are now short the grains if not the soy complex. The market's technical profile remains weak, and this continues to entice selling by te...

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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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