Except for the cattle markets, the CBOT was sharply lower to start the week with trade policy, favorable weather, and weak technicals and large noncommercial short positions weighing on market sentiment. Cattle futures managed to rise to new all-time highs after last week’s record-breakin...
There are numerous trade policy contradictions, both between the U.S. and other countries, and within U.S. politics. Internationally, China worries about its import dependence for oil and food, investing heavily in alternative energy and domestic food production while encouraging livestock prod...
Corn It was another very short trading week in Argentina, with Thursday and Friday being national holidays. Argentina’s corn harvest continues to progress slowly, with priority given to soybeans while farmers wait for grain moisture levels to drop in the central and southern parts 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.