World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $3.925/bushel, down $0.045 from yesterday's close.  Sep 24 Wheat closed at $5.3/bushel, up $0.0175 from yesterday's close.  Nov 24 Soybeans closed at $9.57/bushel, down $0.115 from yesterday's close.  Dec 24 Soymeal closed at $302.1/short ton, down $5.6 from yesterday's close.  Dec 24 Soyoil closed at 38.67 cents/lb up 0.16 cents from yesterday's close.  Oct 24 Live Cattle closed at $178.3/cwt down $2.45 from yesterday's close.  Sep 24 Feeder Cattle closed at $239.5/cwt down $4.175 from yesterday's close.  Oct 24 Lean Hogs closed at $75.075/cwt down $1.425 from yesterday's close.  Sep 24 WTI Crude Oil closed at $76.53/barrel down $1.63 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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