World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It was Turnaround Tuesday for the corn and soy complex futures markets as prices rebounded from yesterday's sinking spell. The turnaround began during the overnight session and continued during the day session as well. However, we would not describe today's rebound as a vigorous one. General Comments May futures contracts expire Wednesday with little fanfare expected. At Monday's close, the remaining open interest were 379 contracts of CME wheat, 1,938 contracts of May corn, 596 contracts of May soybeans and 448 contracts of May soymeal.It was Turnaround Tuesday for the corn and soy complex futures markets as prices rebounded from yesterday's sinking spell. The turnaround began during the overnight session, and it continued during the day...

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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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