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feed-grains soy-oilseeds wheat

Market Commentary

The soy complex continues to defy the calls for its demise. No one is certain what triggered today's round of buying, but it was effective and pushed soybean futures to 30+ cent gains following last week's very weak technical closes. General Comments It wasn't supposed to be this way today. Crude oil broke below $50 for the first time since April 2009, the U.S. dollar was strong and markets had failed last week, creating a weak technical outlook. Opening calls Sunday evening were lower. However, corn, wheat and soybeans opened very firm and really didn't look back for the rest of the night session or today. Wheat was the early leader, based on some cold weather concerns, but the soy complex took over today and just would not break. USDA a...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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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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