World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

After some overnight weakness, prices at all three wheat futures markets rallied to post double-digit gains. The apparent worsening situation in Ukraine and the ongoing drought, which seems certain to pare HRW production, supported the rally. General Comments Today's corn and soybean reversed a few cents from their recent respective price directions with soybeans gaining mostly around 4 cents and corn falling around 2 cents. However, wheat prices took off to finish up 12-15 cents. All three markets traded on both sides of yesterday's closes before finding their way to today's closing levels. We are inclined to say that corn and soybean futures had very little to trade on, and their modest price changes show this.On the other hand, the whe...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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