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feed-grains

PM Post - Good Inspections

THE OPEN November beans:  7 lower December meal: 1.40 lower December soyoil:  15 higher December corn:  3/4 lower December wheat:  6 higher The markets opened with new highs in wheat helping corn to stabilize, with soyoil futures firmer than expected.  Oilshare returns as a leader.  Stories of conflicts with the Phase one deal weigh on beans and corn.  US trade reps (USTR) will give a speech regarding the Phase One trade deal, which could include adding more tariffs to China for not complying with the terms.    There is an OPEC meeting today as well which seems to be adding to crude oil volatility.  Macros weigh heavily at midday, as the Dow drops 300 pts. which seems to take ags off...

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Food Fight Ahead; UPF Boogeyman

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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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