World Perspectives
feed-grains soy-oilseeds wheat

Friday’s USDA Reports

USDA will release its annual end-of-September batch of reports on Friday, 28 September. Included will be U.S. quarterly stocks as of 1 September, final production estimates for U.S. spring wheat, durum, barley and oats, and also the agency’s first estimate of winter wheat planted acreage for the 2019/20 crop cycle. The 1 September stocks of corn, soybeans and grain sorghums effectively become the ending stocks for the 2017/18 crop year. Meanwhile, those of wheat, barley and oats come at the end of the first quarter of their respective crop years that began on 1 June. They are used to measure the volumes of each that “disappeared” during the first quarter of 2018/19, which gives analysts the opportunity to compare this with...

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Summary of Futures

May 25 Corn closed at $4.7575/bushel, down $0.06 from yesterday's close.  Jul 25 Wheat closed at $5.5025/bushel, down $0.02 from yesterday's close.  May 25 Soybeans closed at $10.35/bushel, up $0.055 from yesterday's close.  Jul 25 Soymeal closed at $299.5/short ton, down $0.8 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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