World Perspectives
feed-grains

PM Post - Soyoil Drives; Grains Relax

THE OPEN November beans:  1/4 higher Deceme meal:  2.00 lower December soyoil:  72 higher December corn:  3 1/2 lower December wheat:  6 1/2 lower It was a bit of turn-around Tuesday as bean prices put in a reversal trade from the lows.   Of note was an adjustment in recent buy grains/sell soy trade and buy corn/sell beans.  Beans followed the sharply higher rally in soyoil on the back of surging crude oil prices and canola, which created a short-covering rally.  Energy was a key component today for soy complex trade. SOY The feature of the day was that of surging oilshare on the back of climbing crude oil and higher palm prices.  Dec. oil share trades up to new highs at 48.80% whi...

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feed-grains

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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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