World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight strength carried over into the day session amid active volume. December corn continued to march ahead, while it was another volatile session for the soy complex. General Comments Outside markets were relatively quiet today. U.S. stocks gained with the Dow up more than 100 points at last look and challenging 17,000 again. Crude oil is slightly higher, and the U.S. dollar index is slightly lower. Durable goods orders were down in September, but consumer confidence was on the rise. The Fed began its two-day meeting. It is expected to affirm the end of quantitative easing, and analysts will search for clues on the timing of higher interest rates.As has become the pattern, the overnight session once again opened with grain and soy p...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.755/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.3075/bushel, up $0.0525 from yesterday's close.  Jul 25 Soybeans closed at $10.445/bushel, down $0.0825 from yesterday's close.  Jul 25 Soymeal closed at $298/short ton, down $0.2 f...

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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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