World Perspectives
feed-grains soy-oilseeds wheat

The May WASDE

Changes to U.S. 2017/18 supply/demand balances were small. The estimated U.S. wheat carryout was raised a net 6 million bushels. Exports were lowered 15 million bushels to 910 million bushels, while food use was raised 8 million bushels and seed use increased by 1 million bushels. The U.S. corn balance was unchanged, and the soybean carryout was lowered 20 million bushels, solely as a result of a 20 million bushel increase to the crush that puts it at 1.990 billion bushels. Changes to ending world stocks for 2017/18 were also small. World corn stocks were lowered about 3 MMT from April, wheat stocks were down 700,000 MT, and soybean stocks were increased by 1.4 MMT. Brazil’s soybean production was up 2 MMT to 117 MMT, which matches t...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

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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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