World Perspectives
feed-grains soy-oilseeds wheat

Down Today, up Tomorrow?

THE OPEN Nov beans:  6 lower Dec meal:   1.10 lower Dec soyoil:  2 lower Dec corn:    2 1/2 lower Sep wheat:  6 lower The markets opened as expected but sold off rather quickly with wheat futures leading the way down.  The gap-open PM session high was followed by a lower AM session close which led to profit-taking by the corn bulls from the outset.  Weaker wheat prices dominated as harvest continues in HRW and spring wheat ratings are expected to remain good.   Rains from Barry are making their upward through St. Louis, which was price negative, offset by heat expanding towards the middle of the week. At 10:00 export inspections were released as follows: beans:  854,373 tmt...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 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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