World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.8125/bushel, down $0.0375 from yesterday's close.  May 25 Wheat closed at $5.42/bushel, down $0.055 from yesterday's close.  May 25 Soybeans closed at $10.36/bushel, down $0.0575 from yesterday's close.  May 25 Soymeal closed at $294.2/short ton, down $2.9 from yesterday's close.  May 25 Soyoil closed at 47.33 cents/lb up 1.01 cents from yesterday's close.  Jun 25 Live Cattle closed at $199.8/cwt up $0.725 from yesterday's close.  May 25 Feeder Cattle closed at $282.525/cwt up $1.575 from yesterday's close.  Jun 25 Lean Hogs closed at $95.175/cwt up $0.05 from yesterday's close.  May 25 WTI Crude Oil closed at $61.52/barrel down $0.01 from yesterday's close. ...

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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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