World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Down and Going Lower

SPREADS Sep. crush trades to 80.56/bu while oilshare trends lower at 32.44% from values over 33.0%.  July/Dec corn narrows into 8 1/2c, the highest level since April 1.  July/Sep corn narrows into 2c from 3c.  July/Nov beans trades to a 2c inverse, with July/August trading to 3 3/4c.   July/Dec meal trades from $6.40 to $6.60.  Sep wheat/corn trades from 1.61 1/2c down to 1.59c.   PALM OIL 1.2% lower as fears of slowing global consumption due to coronavirus grow.  Malaysian cash July offers for RBD palm oil and olein traded $5.00/mt lower to $622.50/mt and $625.00/mt, respectively. NEWS Stocks are 200 pts lower in trade with crude oil down to $37.08/barrel as more coronavirus cases increase...

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feed-grains

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China is Officially a Presidential Campaign Issue

Both President Trump and Democratic nominee former Vice President Joe Biden have set their rhetorical sights on China policy as the 2020 Presidential campaign heats up. The Biden campaign unveiled its latest economic blueprint, a plan to “Ensure the Future is Made in all of America by All...

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feed-grains

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $3.365/bushel, down $0.0825 from yesterday's close.  Sep 20 Wheat closed at $5.2475/bushel, down $0.0925 from yesterday's close.  Nov 20 Soybeans closed at $8.7525/bushel, down $0.155 from yesterday's close.  Dec 20 Soymeal closed at $291.7/short ton, down $...

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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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