WPI recently received a question from a client asking, in effect, if global crop prices have become immune – or at least less sensitive – to changes in global crop ending stocks. The reasoning offered was the perception that corn futures are becoming less responsive to declining glo...
The CBOT turned higher at mid-week with wheat leading the way and corn and soybeans following on somewhat minor news items. Wheat saw a strong rally develop that created bullish key reversals on the charts after rumors of Asian export demand – fueled by the U.S. Gulf’s discount to R...
U.S. tariffs are reordering world trade and may further impact the nation’s agricultural exports. While soybean exports to China are stalled as that nation redirects all of its purchases to South America, that has been a political position that ignores the lower cost of U.S. soybeans. How...
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.