World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Corn lost ground with losses in wheat and soybeans. Some analysts expect the first weekly corn crop ratings of this season to reach record highs. We doubt that, based on too much rain in some areas, cold weather and some frost/freezes. General Comments Markets were firm overnight, led again by the wheat markets. The start of today's trading session, however, brought sellers and not buyers. This selling was attributed to a sharp change in direction of the U.S. dollar, which was weak early but rose to new three-week highs today. This is the first three-day holiday weekend of the summer in the U.S. Markets will be closed until 8 p.m. (EDT) Monday evening in observance of Memorial Day. We are already in somewhat of a weather market, at least...

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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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