World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Soyoil the Only Constant

THE OPEN November beans: 11 lower December meal:  3.50 lower December soyoil:  15 higher December corn:  4 1/2 lower December wheat:  11 lower The markets opened as called with soyoil prices and oilshare heading higher after the open, bringing more stability to beans.  Concerns over tensions between China and the US plus covid concerns remain bearish inputs.  Chinese Foreign Vice-Minister Feng told the US Deputy Secretary of State that US-Chinese relations had reached a stalemate and faced serious consequences, as they presented the US a list of requests to resolve tensions.   Beans suffered the most consequences from the uptick in friction in relations.  At 10:00, export inspections were...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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