World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russia has revised its grain harvest forecast and is also considering a change regarding grain exports after a discussion during proceedings of the Russian-Palestinian Inter-Governmental Committee. Russian Grain Markets Market Trends: 22-26 August 2016 Domestic grain prices in the European part of Russia followed the same trends of the previous week while the Russian ruble slightly weakened. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Black Soil (+$2.10/MT) and also the South and Volga Valley (+$0.20-0.30/MT), but they fell in Central and Ural (-$1-1.10/MT) as well as Siberia (-$2.80/MT).4th grade milling wheat prices remained stable in Central but grew in Volga Valley and Black Soil (+$0.10-0.20/MT). They decreased...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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