World Perspectives
soy-oilseeds

Bullish Tendencies

It has been another week of solid gains in the oilseeds world. More analysts are tantalizing farmers with the prospect of record soybean prices. Beans in the teens could hit a record, maybe. The historical high was $17.94¾ in 2012, which in real terms would require $21.98 bushel today. The March contract high is still 25 percent below that remarkable number. Still, the influences pushing it higher remain the same, a sub-par crop in South America, and rumblings of war in the Black Sea region. Let’s start with the latter. War in Beans Autocrats with nuclear weapons are challenging enough but Vladimir Putin adds the war gaming strategy of presenting complete irrationality. Will he, or won’t he? The most bullish commodity s...

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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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