World Perspectives
feed-grains

Technical Views - Sideways Chop

SPREADS December crush traded to 1.14c/bu while oilshare trades to 45.85%.   Spreads were slightly firmer with Dec/March corn trading from 8c to 8 1/4c carry, while Sep/Dec trades from 1 3/4c from 4 3/4c.   Sep/Dec wheat trades out to 17 1/4c carry from 14 1/2c.  Dec wheat/corn trades from 1.80 3/4c to 1.76c.   Sep/Nov beans trade from 4-5c inverse, while Nov/Jan trades from 6 1/4c to 7c.  Sep/Dec meal trades from $0.40 to $0.50. PALM OIL Nov palm oil closed for holiday.  Intertek estimated palm oil exports for August at 1.213 mmt, down 15.8% from the prev. month's 1.440 mmt exports.  NEWS Stocks are slightly higher up 15 pts.  Crude oil prices traded to $68.29/barrel with the US d...

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wheat

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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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