Wheat The Argentine wheat harvest has reached 48.1 percent of the expected area, with weekly progress of 9.4 percentage points, with efforts primarily focused in the central agricultural region. Standing crops are transitioning from late grain filling to physiological maturity, with 80.7 percent of fields rated in normal/excellent condition. Yields obtained this week in both core regions ranged from 300–400 kg/ha above initial expectations. Initial evaluations in the southern agricultural region also show results exceeding estimates by 300–600 kg/ha. If these values are confirmed as harvesting progresses, the production forecast could increase, potentially surpassing the current market estimate of 18 MMT. The Buenos Aires Grain Exchang...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.