World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

The old crop feed wheat and corn market in the Black Sea is much firmer because of slow farmer selling and short covering demand. This has impacted the inverse between old and new crop prices, which had been almost flat 10 days ago. Milling Wheat The Black Sea market is firmer due to slow farmer selling at the end of the campaign. Weather conditions are favorable for winter wheat development in Russia and Ukraine, and local analysts are revising their crop estimates upward.The EU allocated 712,000 MT of wheat export licenses last week, bringing the total to 24.5 MMT versus 27.1 MMT at the same time last year.The harvest has started in Egypt, and the GASC has begun buying wheat from farmers at prices much above the world market. Because it...

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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

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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