World Perspectives
feed-grains soy-oilseeds wheat

Too High or Too Low

When we or anyone says that a particular market price is too high or too low, it may sound like we are saying that the market is wrong even though the market is never wrong, to paraphrase the old saying.Although the contribution they make to their nation's GDP receives less publicity than it deserves, there is a large multinational community of people who are greatly interested in grain and oilseed markets (cash, futures or both). There is an even greater number of people, consumers of food, affected by cash and futures markets for grains and oilseeds, but they are generally unaware of their importance. The common thread connecting those with direct, immediate interest in these markets is price. Farmers are keenly interested in the markets...

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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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