World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It was another day of volatile price action in the soy complex. This time around, much of the market’s strength occurred during the overnight session. Meanwhile, wheat was actually the price leader in the day session. General Comments It was another day of volatile price action in the soy complex. This time around, much of the market’s strength occurred during the overnight session, especially after European businesses opened for the day. July soybeans traded in a 42 cent range today from about 25 cents up to 17 cents down. A new high of $11.6325 was posted overnight. November soybeans traded in a much more modest 21 cent range, but that contract also hit a new high of $10.895 overnight. Not to be outdone, July soymeal swung in a $21 rang...

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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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