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feed-grains soy-oilseeds wheat

PM Post - Markets React

THE OPEN Nov beans:  7 1/4 lower Dec meal:    2.60 lower  Dec soyoil:  13 lower Dec corn:     6 lower Dec wheat:  4 1/2 lower The markets opened as called with light profit-taking on both sides, which featured a bit of selling in corn and buying in beans.  Bean charts opened close to trading range highs while Dec corn traveled to the middle of recent ranges.  Good rains pressured the markets as the crops need rainfall due to the later planting season and recent dryness for the month of August.  Prices congested into the 11:00 hour of trade.   Market certainties centered more around demand, where traders saw the lack of a trade deal and world competition as feeding i...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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