World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Shifting Longer

GOOD MORNING, Overnight prices were mostly in the green with wheat leading the way higher as the market continues to digest the USDA numbers from last Thursday's report.  The bullish numbers sent prices to the upside of recent ranges as the yields were less than expected, particularly for corn.   Forecasted rains could now be adding to yields for beans, where the USDA's official report was 50.0 bpa and corn at 174.6 bpa.  Seasonally, prices have a tendency to trend higher after the August numbers, which certainly seems to be the case today.  Given recent volatility, traders were waiting to see what the numbers offered before jumping in and now adding risk. The yield debate will continue into the September report, w...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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livestock

Will Argentina Beef Imports Rescue High U.S. Beef Prices?

Last week, due to the coincidental timing of the deal with Argentina and elections coming there on 26 October and with Javier Milei being a close ally of President Trump, we speculated that Trump’s plan for lowering beef prices relied, at least in part, on Argentine imports. On Sunday, Tr...

Ag Complexity; Some Get Disciplined; Vice Pays to Virtue

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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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