World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Grain and oilseed markets were generally quiet in light to moderate trade ahead of Monday's USDA quarterly stocks and final small grains production estimates. It is doubtful that there will be any major surprises, plus the corn and soybean harvests should start to gather some momentum once the cold front and rains pass through the Corn Belt.U.S. financial markets were lower as was the dollar index on the uncertainty of what Congress will do to fund the government. This seems to be a recurring story. Soy Complex FUTURES Soybeans were slightly higher through much of the session, but there was never any sustained buying or general market enthusiasm. Early soybean yields across the upper Midwest are all over the map. In...

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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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