World Perspectives
feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.795/bushel, down $0.035 from yesterday's close.  Mar 20 Wheat closed at $5.4425/bushel, down $0.0325 from yesterday's close.  Mar 20 Soybeans closed at $8.9625/bushel, up $0.0375 from yesterday's close.  Mar 20 Soymeal closed at $291.9/short ton, up $0.2 from yesterday's close.  Mar 20 Soyoil closed at 30.72 cents/lb down 0.31 cents from yesterday's close.  Apr 20 Live Cattle closed at $118.525/cwt up $0.675 from yesterday's close.  Mar 20 Feeder Cattle closed at $136.325/cwt up $1.275 from yesterday's close.  Apr 20 Lean Hogs closed at $64.075/cwt up $0.3 from yesterday's close.  Mar 20 WTI Crude Oil closed at $51.57/barrel up $0.4 from yesterday's close.   ...

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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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