World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments The overnight trade in grain and soy futures showed signs of a “Turnaround Tuesday” as prices slipped slightly below Monday’s closes, led by the soy complex. The fact that the soybean harvest had advanced faster than expected seemed to weigh on the complex along with forecasts of needed rains over north/central Brazil beginning next week. The day session found corn and wheat futures trading rather quietly on both sides of Monday’s closes, while soybeans and products continued with the overnight weakness without generally expanding it. At the close, corn and wheat managed to post small gains. However, soybeans closed down about 5 cents, soymeal was off $1.50-170, and soyoil followed weaker Malaysian...

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feed-grains soy-oilseeds wheat

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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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