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feed-grains soy-oilseeds wheat

Market Commentary

Without the leadership of the soy complex, wheat and corn futures prices struggled to stay near yesterday’s closes before finally closing lower. Wheat gave back most of yesterday’s gains, while corn gave it all back plus a little more. General Comments When Monday is a holiday, Turnaround Tuesday happens on Wednesday. Corn and wheat were mostly a bit weaker in overnight trade. Soybeans traded both sides but eventually turned higher with the November contract hitting a new high for the post-WASDE move at $9.1975. Even though USDA announced another soybean sale to China, this time for 235,000 MT, the overnight enthusiasm was dampened somewhat early in the day session as soybean prices fell back to once again trade both sides. After mid-sess...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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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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