World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Echoes of yesterday's WASDE, fears of freeze damage to new crop HRW, finally a sale of new SRW to China, strong cash bids for soybean and corn, and delivery prospects for the May contracts are among the things that stirred grain and soy markets today. Light volume overnight trading followed yesterday's post-report pattern with firmer corn prices but weaker soy and wheat values.The day session came to be dominated by bull spreading, especially for soybeans, but in general the overall price tone across the board was firmer than was the case overnight. USDA announced a sale of 360,000 MT of new crop SRW to China that finally provided some confirmation of trade rumors from the last two weeks, but CME SRW futures prices were...

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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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