World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The grain and oilseed markets were quietly mixed in overnight trading. Wheat was actually the upside leader last night and today. Corn and soybeans were slightly lower overnight, but the soy complex gained some momentum when last week’s export inspections were released. General Comments Happy Halloween! The scariest event could be the U.S. presidential election as polls tightened considerably following last Friday’s announcement of another major Clinton e-mail probe by the FBI. U.S. financial markets were mostly neutral today. Crude oil was down almost $2/barrel (WTI below $47) on skepticism any OPEC production cut would last. The U.S. dollar was fractionally higher. Today was also the last trading day of the month, although that made lit...

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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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