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feed-grains soy-oilseeds wheat

Market Commentary

Prices for the grains and soybeans turned a bit lower overnight in much quieter trade. The day session faced a more diverse set of inputs. General Comments The GFS weather model run switched from its seven-day dry projection for the Midwest and into agreement with the EU model, which calls for good widespread rains over the Midwest next week after a few hot days late this week. This result, if realized, should be beneficial for crops, although weather is considerably less important for corn and soybeans in June than during July and August. Nevertheless, it let the air out of the nascent weather market of yesterday. Prices for the grains and soybeans turned a bit lower overnight in much quieter trade.The day session faced a more diverse se...

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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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