World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

South Korea purchased 125,000 MT of optional origin feed wheat for July/August shipment at an average price of $188.50/MT CNF, reflecting about $160/MT FOB for the most likely source. Ukrainian new crop  will need to find destinations in Asia because of one particular factor. Milling Wheat There were no trades reported in the Black Sea FOB market last week. The Russian domestic market lost another 100-200 RUB (approximately $1.75-3.50) last week, but the FOB market remained about unchanged because of the ruble’s strength versus the USD. The new crop Russian 12.5 pro is offered at $174/MT FOB for August or about $15 cheaper than the old crop for April shipment. Ending stocks are projected to be record-high this year, and the big inver...

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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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