MarketAfter four sessions of yoyoing up and down on lower volume, January soybeans are rangebound and net 4.25 cents higher thus far this week. There have been no fundamental changes and that leaves traders comfortable with where things stand. Going more bearish would be getting out in front of the skis and a challenge to resistance at 997.5 might be more likely on any change in South American weather. 12052024oilseeds_beans.png 914.82 KBSoymeal cannot catch a break but soyoil is on fire like other vegetable oils on the situation in palm oil. 12052024oilseeds_meal.png 902.97 KB12052024oilseeds_oil.png 943.54 KBPalm oil stocks in Malaysia fell 4.3 percent from October to November and totaled 1.8 MMT, the lowest level since July. T...
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.
Key Market Insights Macros: Inflation isn’t cooling — it’s moving higher again. March PCE inflation (Personal Consumption Expenditures index — the Fed’s preferred measure of inflation) rose 0.7 percent month-over-month, pushing the annual rate to 3.5 percent, the h...
An amendment to the U.S. House farm bill, aiming to remove the Save Our Bacon Act language in Section 12006 that would have stripped language to prohibit California’s Proposition 12, Massachusetts’ Question 3, and up to 500 state agricultural laws across the country, was blocked by...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscr...