World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments The lack of market information from USDA and the trading position of large speculators are creating an unrepeatable buying opportunity for global end-users of corn. The current U.S. government shutdown and lack of USDA data means that global buyers can make large purchases without disturbing the water. Never has such an opportunity existed since the Soviets slipped into the U.S. market in the early 1970s. Unlike that decade, the condition is no longer one where foreign buyers slip into the market and domestic end-users are taken by surprise. Instead, this time around domestic end-users are also extending their coverage. This substantial pool of joint buying is being conveniently offset by sizable fund selling that was...

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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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