Jul 26 Corn closed at $4.77/bushel, up $0.2125 from yesterday's close. Jul 26 Wheat closed at $6.645/bushel, up $0.2875 from yesterday's close. Jul 26 Soybeans closed at $12.13/bushel, up $0.36 from yesterday's close. Jul 26 Soymeal closed at $334.5/short ton, up $0.2 from yesterday's close. Jul 26 Soyoil closed at 75.63 cents/lb up 1.75 cents from yesterday's close. Jun 26 Live Cattle closed at $253.375/cwt down $0.525 from yesterday's close. Aug 26 Feeder Cattle closed at $358.85/cwt down $2.6 from yesterday's close. Jun 26 Lean Hogs closed at $98.525/cwt down $0.225 from yesterday's close. Jun 26 WTI Crude Oil closed at $106.35/barrel up $0.93 from yesterday's close. ...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...
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.