World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Traders showed more interest in the overnight session. Volume was not back to Tuesday’s level, but it was notably higher than Wednesday’s. Pricewise, the results were mixed. Grains were steady to firm, but soybeans traded mostly lower. A wire service reported late in the overnight session that a summit between Presidents Trump and Xi has been postponed until sometime in April. This caused a very brief sell-off, but it did not last long. There has not been a formal announcement from either side on the timing of a meeting. The grains continued to trade above Wednesday’s closes during the day session, while soybeans remained stuck in the red. May corn closed up 3.75 cents at $3.7025, but the best December corn could do was f...

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feed-grains soy-oilseeds wheat

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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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