There was a 20-cent decline in Argentine corn premiums during the past week as they moved down from the high 40s to the high 20s. This price drop is an effort to attract demand, but recent devaluation of the real has kept Brazilian origin competitive. Soybeans Demand for South American soybeans picked up this past week, although originating inventory from Brazil is more difficult due to the port strike in Rio Grande and the stout domestic demand from crushers in Matto Grosso. It should be noted that the recent export demand is primarily in the spot market, and that is creating somewhat of an inverse in pricing. This seems to have primarily occurred because the Chinese purchased less from Brazil than they actually needed for August-Septemb...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.