World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets on this last trading day of 2015 acted very much as they have for quite a while. Noncommercial traders are carrying large short positions in wheat and corn futures into 2016 along with the risk that something will occur to force a short covering rally. General Comments Grain and soy markets are closed Friday, New Year’s Day and will reopen Sunday evening.Markets on this last trading day of 2015 acted very much as they have for quite a while. Quiet overnight trading saw prices struggling to work higher, followed by a day session in which they slowly sagged lower. Many managed funds and other traders had already closed their books on the year, and this subtracted from already slack trading volume. Markets have been starved for somet...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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