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feed-grains soy-oilseeds wheat

Market Commentary

After yesterday's strong market, trade in soybeans and corn was rather noncommittal during the overnight session. Outside factors did not help grain and soy markets hang on to yesterday's gains either. General Comments USDA's 2015 Agricultural Outlook Forum gets underway Thursday, 19 February. The focus is on "Smart Agriculture in the 21st Century" with discussions on innovation, biotechnology and big data. As usual, the first morning's presentations include one on the outlook for U.S. agriculture and foreign trade for 2015, which will be given this year by USDA's Acting Chief Economist Robert Johansson. This will very likely include USDA's updated projections for 2015 planted acreage and yields. Supply/demand projections are usually made...

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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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