GOOD MORNING, Prices are mixed as we head into the Planting Intentions/March1 stocks on Wed at 11:00 central time. Meal struggles against soyoil futures, while most of the markets remain on the defensive as all head into this major report long. Oilshare finds some stability as crude oil prices work back over the $60/barrel mark even though a steep drop in vegoil demand has sparked current liquidation. Month-end selling continues, and profit-taking into the March 31 report. March trade remains choppy as managed funds have stopped purchasing grains until they see the data in Wed. report. Inverses are weaker today as China buying has slowed. Corn prices struggle as many expect a bearish acreage...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.