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feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Egypt's GASC purchased 60,000 MT of French wheat last week at $189.20 CNF after receiving seven offers in total. The fact that the GASC preferred to buy just one cargo may indicate its import program has reached a certain status. Milling Wheat The Black Sea market was supported last week by the firmer ruble and hryvnia as well as the higher MATIF futures. Conditions in Ukraine and southern Russia are favorable for winter wheat development. The winterkill ratio in both countries is smaller than usual, and the soil moisture is generally adequate for this time of the year. The weather forecast is calling for frequent rainfall in Ukraine, but southern Russia is expecting only a few rains for the next two weeks.Ethiopia was in the market last...

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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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