World Perspectives
feed-grains soy-oilseeds

Mixed Signals for Markets

Grain and soy markets trade on changing perceptions about inside (fundamental) and outside (macro) inputs, and seldom (if ever) do they all line up to push prices in the same direction. In mid-May, the number of those inputs is on the rise, but this has not improved the clarity of their potential influence on price direction for those futures markets. The inputs presently facing markets include the following: - Today’s financial markets have reacted with some turbulence to weakening T-bonds that have increased yields. Return on the 10-year note jumped to 3.06 percent, the highest since 2011 as the Commerce Dept. reported consumer spending ramped up in April. The U.S. Dollar Index climbed 70 points, although it has since fallen back s...

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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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