World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments It was generally quiet in the markets today. Funds were largely absent and trading volume was light to moderate. Yesterday was the last trading day for the March contracts, and there were a few scattered deliveries in wheat, corn, soybeans, soybean oil and soybean meal. News was limited. That could be the case until we get to the end of March, when USDA releases the quarterly stocks and planting intentions reports. U.S. and world financial markets were slightly lower. The dollar was quite weak on profit-taking after setting seven-month highs.USDA did announce another 165,000 MT of new crop soybean sales this morning. Soy Complex FUTURES Soybeans had a wide trading range, trading 8-9 cents higher and that much lower, b...

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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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