GOOD MORNING, Welcome to the winter solstice, which is the shortest day of the year. For stargazers, Jupiter and Saturn will appear in the sky, the closest they have been since 1623. As for Ag prices, it has been a roller-coaster session with prices printing new contract highs for some of the markets at last night’s PM session open, breaking lower on macro weakness into the morning, and rebounding into the close. Prices are mixed with steeper losses in soyoil on lower crude and palm prices, while beans, meal, and corn set new contract highs. Macros weigh heavily, as world stocks are lower after Britain's Prime Minister Boris Johnson indicated that a highly infectious new strain of the Covid virus was a...
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.