World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Markets were higher overnight and into this morning, but the overnight gains were softened early this morning when prices dropped back to unchanged to slightly higher. That started to change again right at the open outcry opening when another significant round of buying hit the markets and took prices higher. There was noticeable fund buying in corn and soybean futures and short covering in the wheat markets. Last week the talk was that funds were getting out of commodities and into equities. Today the talk was that funds were backing away from equity markets that are now at record high levels and pushing at least some money back into commodities. Cash markets are strong across the board. Corn is simply very hard to fi...

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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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