The CBOT ended Tuesday on a mixed note with rains forecast for the western Corn Belt pressuring markets. Corn futures saw continued bull spreading, however, while soybeans succumbed to selling pressure despite gains in soyoil. The U.S. weather is relatively benign this week, with cooler temperatures for the Midwest and East Coast, along with favorable precipitation for the Corn Belt. Farmers worry, however, about heat returning next week, especially for the Dakotas, Nebraska, and west. Fortunately, the eastern Corn Belt and Upper Midwest should still see cooler temperatures and beneficial rains going forward. The market is increasingly positioning for the 30 June Grain Stocks and planted acreage reports. Old crop corn and soybean sto...
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.