World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Cliché though it may be, the word that best describes today's grain and soy futures market is quiet.  Trading ranges are small with only 4 cents for December corn, and volume is light. There is nothing new to spark trade, and the things on which markets have been trading have gotten old and shopworn.There is an old futures market truism to the effect that small crops create big futures volume, and that has certainly been demonstrated in recent years. The corollary is that big crops dampen futures volume, and we are beginning to see signs of that now. These old truisms have been given added relevance by the increased participation of non-commercial traders, especially since the mid-2000s. Those non-commercials in t...

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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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