Bears were solidly in control of trade at the CBOT on Monday with mostly favorable U.S. weather forecasts and expectations of a bearish July WASDE report driving price action. Grain and oilseed markets were lower overnight with Matif wheat futures leading the CBOT and KCBT into the red in early trade, and it was a one-way trip to Bearstown after the markets opened for the morning. Corn and wheat scored a 3+ percent decline while a pullback in soyoil sent new crop soybeans to a 2.7 percent drop. The day’s trade likely set the tone for the week, though further losses may be mitigated by pre-WASDE positioning and spread trade. Markets are starting to prepare for the USDA’s July WASDE that will come out on Friday, 11 July and is ex...
What You Need to Know Today: The day belonged to the bulls as fund buying and technical momentum boosted corn, soybeans, and wheat to new rally or contract highs. Wheat futures exploded Wednesday around the world after Russia indicated it will increase its attacks on Ukrainian export infrastru...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 4–5 percent below our July outlook and will be 3 percent below 2025 levels. Costs are quickly...
Russian Grain Markets: 17–21 August 2026 The Russian grain market continued to decline during the third week of August as the Black Sea blockade severely disrupted export logistics. The resulting loss of export capacity is pressuring domestic prices and increasing storage concerns as the...
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.