World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Following yesterday's sharp jump in grain and soy futures prices, a Turnaround Tuesday sort of consolidation seemed almost inevitable. Still, the market tried to hang on and even add to its gains from Monday's day session as overnight trading opened. The decline in the weekly crop condition ratings for corn and soybeans helped hold the line in early overnight trade. However, by the opening of the day session market, sentiment increasingly looked on Monday's rally as being overdone. Short term traders were quick to sell out what they bought yesterday, and some funds also sold limited amounts. However, today's fund selling never approached the volumes that they bought yesterday.At this time when corn and soybean yield an...

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feed-grains soy-oilseeds wheat

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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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