CBOT futures ended the day mostly higher with wheat leading the way amid rumors of an export ban from India and poor Oklahoma HRW yields. The wheat strength helped pull corn higher, along with rumors of Chinese buying interest this morning. The recent pullback in corn and soybean futures has, reportedly, prompted China to start inquiring for U.S. new crop corn and both old and new crop soybeans. The soy complex was mixed with soyoil rallying sharply while soymeal continued its technically-driven selloff. The dynamic of the two soy products left soybeans somewhat caught in the middle, though that market settled higher for the day. Funds were net wheat buyers for the day and secured some 10,000 contracts in that market. Funds also boug...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
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.