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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 21 Corn closed at $5.7975/bushel, down $0.0075 from yesterday's close.  Mar 22 Wheat closed at $8.5025/bushel, down $0.1725 from yesterday's close.  Jan 22 Soybeans closed at $12.665/bushel, down $0.065 from yesterday's close.  Jan 22 Soymeal closed at $350.9/short ton, down $5.2 from yesterday's close.  Jan 22 Soyoil closed at 60.7 cents/lb up 0.62 cents from yesterday's close.  Feb 22 Live Cattle closed at $140.875/cwt up $1.45 from yesterday's close.  Jan 22 Feeder Cattle closed at $166.925/cwt up $2.55 from yesterday's close.  Feb 22 Lean Hogs closed at $84.25/cwt up $0.975 from yesterday's close.  Jan 22 WTI Crude Oil closed at $78.28/barrel down $0.22 from yesterday's close.  &...

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feed-grains soy-oilseeds wheat

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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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