World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Direction Remains Higher

SPREADS Jan crush trades to 1.17c/bu, lower than in recent days but still positive.  Jan oilshare trades to 31.69%.  Dec/March corn spreads remain active trading out to 7 3/4c today from 7 1/4c.  Dec/Dec corn inverts to a 13c high from 9 3/4c.  Dec/March wheat trades from 7 3/4c carry to 8c.  Nov/Jan spread trades out to 8 1/2c carry from 7 3/4c on more deliveries.  Jan/March inverse trades from 3 1/2c down to 2c. Dec wheat/corn trades from 1.89c to 1.87c.  PALM OIL Jan settles at 3256 ringgits.  Malaysia's Oct. inventories hit their lowest level since June 2017, contracting from 8.6% from month ago to 1.57 mmt, according to the regulator of the Malaysian Palm Oil Board (MPOB). DELIVERIES Nov bea...

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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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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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