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feed-grains soy-oilseeds wheat

Market Commentary

General Comments Weather forecasts gain importance each day. Although corn planting progress across the Midwest has been impressive these last few days, the awaited rainy system is slated to move across the Dakotas and Minnesota starting tonight and slowly spread south and eastward thereafter. It will halt planting and dump enough rain that dry, warm conditions will be needed to dry things out. Fortunately, that is what is predicted following the rain. Some traders have been impressed with how quickly corn is being planted in Illinois, and from this they have interpolated national planting progress to be as high as 70 percent in USDA's next weekly crop condition report. We doubt it will be that high, especially since part of the Corn Bel...

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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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