U.S. grain transportation markets remain skewed by the impacts of cold weather and low water levels on the Mississippi River System, which have pushed spot CIF and FOB values sharply higher. Internationally, the recovery in ocean freight rates continues, with strong demand in the Atlantic while...
There was high-volume trading in soybeans again today after hitting record levels yesterday. The enthusiasm carried over to corn and soymeal as well, and there was good volume trading in soyoil contracts. There is understandable skepticism that China would pay 80 cents/bushel more for U.S. soyb...
Markets still do not know how to react to President Trump’s announcement that he has completed a trade deal with India. U.S. Trade Representative Jamieson Greer says the details are being papered, or written up, now. The deal has sparked a transatlantic war of words, with Brussels mocking...
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.