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feed-grains soy-oilseeds wheat

Market Commentary

The corn market edged higher, although there was not much in the way of fresh input. Corn spreads tightened somewhat as corn shorts began to roll their positions forward (buy May, selling July mostly). Farmers have shut off selling since corn prices fell so hard last Thursday. General Comments Trading during the overnight session produced mixed results for corn and soybeans, which traded narrowly on both sides of unchanged. Outside markets were softer with KL palm oil prices dropping again and European wheat futures continuing their slide. Dalian soybeans were lower along with soyoil and palm oil, and Dalian corn futures closes were mixed. U.S. wheat futures were headed south again, being pressured by the surprisingly good weekly winter w...

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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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