World Perspectives
feed-grains soy-oilseeds wheat

March USDA WASDE

It's USDA report time again, and the trade will be closely watching the corn and soybean production estimates for Brazil and Argentina in addition to U.S. production numbers.It's USDA report time again, and the monthly WASDE (supply/demand) estimates will be released this Wednesday at 12 p.m. (EST). There will no adjustments to U.S. production, and few, if any, changes to the actual demand numbers should be expected. Remember the January reports incorporated the final 2015 production estimates and the quarterly stocks numbers, and simply not much has changed since that time.The following tables show the average trade guesses for Wednesday’s reports compared with USDA’s February estimates. As can be seen, very few changes are expected, but t...

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Market Commentary: Mixed Day But a Strong Week, And More Ahead

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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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