An analysis of the Dalian monthly data for June compared with that from May shows that the markets for soybeans, corn and related products are experiencing a distinct trend regarding the majority of September contracts. Oilseeds Soymeal Inventories Up Another 60,000 MT Torrential rainfall that began 19 July throughout northern China has claimed the lives of more than 150 and produced widespread flooding in ten provinces. It has also led to landslides, which have damaged infrastructure and severely disrupted commercial operations. As a result, processors and feed mills have been forced to idle operations in order to address the other challenges. This weather event has also occurred exactly when China’s consumer market was already slowing...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
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.