Wheat: Net sales of 290,800 metric tons (MT) were reported for delivery in marketing year 2021/2022. Corn: Net sales of 173,200 MT for 2020/2021 were up noticeably from the previous week and up 58 percent from the prior 4-week average. Soybeans: Net sales of 63,800 MT for 2020/2021 were down 31 percent from the previous week and 19 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 211,800 MT for 2020/2021 were down 9 percent from the previous week and from the prior 4-week average. Soybean Oil: Net sales reductions of 400 MT for 2020/2021 were down noticeably from the previous week and from the prior 4-week average. ...
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.