World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy markets were quiet with little change in prices overnight. Soybeans were down 1-2 cents, corn was unchanged to fractionally lower, and Chicago wheat was up a penny or less. Volume was quite low. The day session opened with most prices staying close to where they were at the trading recess. The exception was Chicago wheat, which firmed in reaction to word that Egypt had purchased 120,000 MT of U.S. SRW. Corn and soy prices gradually eroded into larger losses as the close approached, and even Chicago wheat closed slightly lower, notwithstanding the Egyptian sale. It was a red number day for agricultural markets across the board. In addition to the grain and soybean losses, cattle and hog futures closed lower as did Winnipeg ca...

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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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