World Perspectives
feed-grains soy-oilseeds wheat

Some Miscellaneous Thoughts

We have just returned from our annual autumn fishing trip. This year’s destination was the eastern part of Idaho, a state filled with beautiful scenery, a multitude of great trout streams, endless fields of hay and potatoes, and some range cattle. A few fields from which wheat or barley had been harvested were observed, but Idaho’s grain production is relatively small and its oilseed production even smaller. It is always nice to take a short break from markets and related subjects. Getting away from gridlocked Washington even briefly is necessary to regain some degree of perspective. Refreshingly, no one we met while traveling asked when grain prices were going to climb out of the tank, if President Trump was going to blow up N...

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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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