World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Following the holiday, grain and soy markets began the overnight session just a bit firmer. That lasted until some selling pressure emerged in wheat, which led to prices being mixed at the trading recess with relatively good volume reported. However, it was not long after trading resumed that some sell stops were uncovered in KC and Chicago wheat, sending those markets sharply lower. That fund selling in wheat pulled the rest of the board down as longs fled from risk. We cannot point to a specific reason for today’s weakness, but KC wheat closed down 13.25-16.25 cents. Chicago wheat fell 11.75-14.75 cents, but the MGEX March contract was the weakest of all, down 17.5 cents at the close. It is true that world wheat prices have retreat...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

WHEAT The Argentine wheat harvest advanced nearly 14 percentage points this past week, reaching 30 percent of the total area. Good weather accelerated maturation in some fields at the same time forecasts of weekend rainfall pushed harvesters to move quickly. Yields continue to surprise, with so...

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

Mar 26 Corn closed at $4.45/bushel, down $0.0275 from yesterday's close.  Mar 26 Wheat closed at $5.35/bushel, down $0.035 from yesterday's close.  Jan 26 Soybeans closed at $11.28/bushel, down $0.0975 from yesterday's close.  Jan 26 Soymeal closed at $314.6/short ton, down $4.1...

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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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