World Perspectives

USG – Next Steps; Trump’s Art is Variable; Science Winning

USG – Next Steps President Trump blinked in the face of a record-long government shutdown, and it is for the better. As we noted more than a week ago (click here), one key option is to open the government and get workers paid. But how does he proceed now without facing a complete loss? He could use sarcasm. Demand instead money to tear down the hundreds of miles of border walls that were built previously with money backed by the Democrats. He could declare a national emergency, redirecting military funds to build the wall, although that would get bogged down in lawsuits. Alternatively, he could be presidential and spend the time and effort to negotiate with Democrats on a broader fix to immigration.   Trump’s Art is Vari...

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Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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