Livestock industry margins were mostly steady/higher last week, with the notable exception of beef packer margins. Beef processing profits fell $20/head last week as fed cattle prices rose more than beef prices and a dip in slaughter weights reduced packers’ sales volume. Feedlot margins...
Transportation and Freight Market Comments - 7 March 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry-bulk freight markets gave back most of last week’s gains this week as the U.S. political and tariff situation has cast markets and traders into great confusion. Trade and economic outlo...
Today’s March USDA WASDE report did nothing to temper the bearish mood in both commodity and equity markets. Volume was light ahead of the WASDE release and stayed that way. While corn and soybeans traded mostly in the green ahead of the report, wheat had no reason to be bullish. There wa...
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.