World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Overnight markets were mixed as corn and soybeans tried to hang on while wheat retreated from yesterday's rally. Wheat's relative weakness was in part due unwinding of wheat/corn spreads. Bird flu anxiety appears to have died down, for which the Chinese government deserves some credit. Contrary to the last outbreak when official secrecy prevailed (which allowed rumors to take over), the government has been upfront, timely and detailed with its reports on the flu outbreak. Chinese markets do not appear cowed by the flu situation. Dalian corn and soy futures closed higher today.Operating under its new time schedule, the day session provided relatively quiet action ahead of tomorrow's April WASDE. The CME changed its grain...

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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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