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feed-grains soy-oilseeds wheat

Canadian Crop Production Estimates

Weather problems have taken the edge off yield potential for some of Canada's spring-sown crops, particularly one. There is also another element that cannot be measured by production volumes and therefore cannot be captured by estimates,Statistics Canada released its first crop production estimates for the 2016/17 crop cycle this morning, which are based on surveys taken between 21 July and 4 August. Following is a summary:Canada’s spring-sown crops generally got off to an excellent start, raising hopes for big production in 2016/17. However, recent weather problems have taken the edge off yield potential for some, especially canola. Persistent rainfall over the Canadian Prairies during the last few weeks has likely clipped yields for sprin...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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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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