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feed-grains soy-oilseeds wheat

Market Commentary

Corn, wheat and soybean futures were steady overnight, although they turned decidedly lower once today’s session opened. Wheat and corn were down the hardest with soybeans firm early before moving lower by midmorning. General Comments China’s financial markets were down another 5 percent overnight, which continued to cast a bearish tone over all markets. Crude oil was sharply down and trading as low as $32.03 a barrel. The U.S. dollar was slightly higher. U.S. financial markets were strong early, but they gradually eroded and traded lower before mounting a late session rally that brought them back to modest gains.Corn, wheat and soybean futures were steady overnight, although they turned decidedly lower once today’s session opened. Wheat...

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Black Sea Regional Analysis

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feed-grains soy-oilseeds wheat

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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