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feed-grains soy-oilseeds wheat

Market Commentary

General Comments The Sunday night markets were mixed with soybeans strong early, corn steady and wheat slightly weaker. Trading volume last night was pretty good. There wasn’t much news around the markets. Weather in Brazil is improving, and the U.S. soybean harvest is nearing the finish line with corn a bit more than half done. Funds are still short wheat and corn but long soybeans. Trading volume today was less than average. The semi-annual CME margin adjustments were released today, and the new margins are effective through the last trading day of May. The only changes were reductions in the daily limits on soybeans and soymeal from $0.70/bushel to $0.65/bushel and $25/ST to $20/ST, respectively. This will not have any impact on...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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