The CBOT on Tuesday failed to follow Monday’s dramatic technical strength and corn, the soy complex, and wheat all settled lower for the day. A sharp pullback in crude oil prices was primarily responsible for the soy complex weakness as it eliminated a key piece of support for soyoil. In...
Mediterranean/Middle East/North Africa/Africa – MEA Region Morocco has established its soft wheat import rebate program for 1 January to 30 April 2026. The actual amount of the import rebate is calculated on the average landed cost versus the government set reference price based on inform...
Beef packer margins deteriorated sharply again last week, plunging deeper into negative territory and reached their second lowest value back to at least 2010. Margins fell $144/head week over week to –$314 as fed cattle prices rose another $2.83/cwt while the Choice cutout plunged $14.20/...
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.