World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Milling Wheat The Black Sea market seems to have reached its seasonal bottom. The market in Russia has been under pressure during the past month on fears that the government might introduce export restrictions, and the prospects of a possible export tax accelerated shipments to the maximum logistical capacity. The volume in August was 4.5 MMT, and the September total is expected to be similar. At the current export pace, the surplus will be depleted before the end of the calendar year. The Russian ruble is firmer against the USD at 65.8 after reaching 70.5 just two weeks ago, a development that is also favoring exporters. The Egyptian GASC bought a total 475,000 MT last week for 1-10 November and 10-20 November positions. This included 41...

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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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