World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments The main topic for market discussion is Thursday's quarterly stocks and planting intentions reports from USDA, of course. However, a second topic -- the unusually cold weather from the Rockies to the East Coast and from Canada to the Gulf -- is elbowing its way into the market's talk. March 2012 will go down as one of the coldest on record. April is approaching rapidly, but the northern third of the Corn Belt lies under a blanket of snow. Where snow is not an issue, soil temperatures remain far below what is needed for corn planting. After a brief moderation, another cold snap is in the offing next week. Weather models hint at a warm-up beginning in mid-April, but that is a long way off for much confidence.It is safe to...

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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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