World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Poor Performance for Soy Complex

THE OPEN July beans:  7 higher July meal:  .30 higher July soyil:  84 higher July corn:  9 1/2 higher July wheat:  6 3/4 higher The markets opened as expected with prices turning higher led by July corn as the sale of corn to China supported bullspreads.  Soyoil posts a new contract high from the start of the trading session.  Bean bullspreads caved after the start of the day taking July beans for a mixed ride from a higher start to lower on the day.  Oilshare found some midday profit-taking.   SOY The soy complex entered into a choppy day of trade as bullspreads weakened, breaking July beans back to the lower end of recent support levels and eventually into new lows when sell-stop...

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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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