World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments We started week number two of the U.S. government shutdown today with no indication that any solution is near. That means at least several more days (best case) of no information from USDA. It also means that Friday's scheduled October WASDE and crop production estimates won't happen, which USDA confirmed today.This left the markets with little or no fundamental news to look at today. There was neither a weekly export inspection report nor a weekly crop progress report. U.S. financial markets were weak as was crude oil and the dollar index. Gold and silver were strong. There has also been no economic data released because of the government shutdown.Soybeans were strong overnight but traded slightly lower most of today'...

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livestock

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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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