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feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

The wheat market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of stocks in the hope of higher prices later in the campaign. Meanwhile, there has been a change in the planting situation. Milling Wheat The Black Sea market is slightly firmer, and Russia’s domestic market prices are higher as a result of the strengthened ruble and slow farmer selling.The EU allocated 423,000 MT of wheat export licenses last week, bringing the total to 6.8 MMT versus 5.8 MMT at the same time last year.The market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of wheat in the hope of high...

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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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