World Perspectives
feed-grains soy-oilseeds wheat

More Things to Keep You Up at Night

- It’s been such a long time since grain and oilseed markets have made limit moves higher or lower that a review of those limits might be warranted. Remember that they are now variable and can be changed by the CME (depending on market volatility and recent price ranges). Following are the current daily limits:

Corn: 25 cents (50-cent daily range) Soybeans: 65 cents ($1.30 daily range) Chicago wheat: 35 cents (70-cent daily range) KC wheat 35 cents: (70 cent daily range) Minneapolis wheat: 65 cents ($1.30 daily range)

This isn’t to suggest that we’re headed toward limit moves in futures markets, but the severe delays in planting corn and soybeans are setting the stage for that possibility at some point. - Market...

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Jul 26 Corn closed at $4.635/bushel, down $0.0025 from yesterday's close.  Jul 26 Wheat closed at $6.1675/bushel, down $0.035 from yesterday's close.  Jul 26 Soybeans closed at $11.785/bushel, up $0.0375 from yesterday's close.  Jul 26 Soymeal closed at $319.1/short ton, up $2.6...

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This is the limbo period between the expectations and reality of a new crop going into the ground. Prices gyrate in a narrow range, awaiting something more definitive than planting “intentions.” The bears see a planting pace off to a quick start, the bulls see ground that in many pl...

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feed-grains soy-oilseeds wheat

Summary of Futures

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feed-grains soy-oilseeds wheat

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E15: What Does It Mean?

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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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