Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end TOMORROW, Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. SPREADS Nov crush trades to 81.16c/bu while oilshare trades back over 33 percent to 33.29 percent. Dec/March corn trades from 12 1/4c to 12 3/4c. Dec 19/Dec 20 corn trades into 36c from 38 1/4c, and vs. values that were out to 43c last week. Dec wheat/corn trades from 1.13c to 1.14c. Dec/March wheat trades out to 6 1/2c from 6c. Dec/March meal trades out to $5.20 from $4.90. Nov/Jan beans trades from 13 1/4c to 13 1/2c. ...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.