World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The market opened the day mixed as called and with some profit-taking; it ended the day mostly lower but with some interesting twists and turns.  Volume: Volume was relatively low except for the Euronext wheat contract and feeder cattle.  Red Hogs: There were higher bids for most contracts, but lean hogs never saw green once during the session.  Shiners: Corn and soymeal not only ended in the green but saw gains in both the nearby and more distant contracts.    Reversal: The market finally realized it had over-bought wheat and gave it a beating. Despite the UN FAO’s concerns about current panic buying leading to higher food inflation, the spread between nearby contracts and those more...

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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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