Dec 24 Corn closed at $4.0625/bushel, down $0.045 from yesterday's close. Dec 24 Wheat closed at $5.67/bushel, down $0.0775 from yesterday's close. Nov 24 Soybeans closed at $10.05/bushel, down $0.185 from yesterday's close. Dec 24 Soymeal closed at $324.4/short ton, down $2.1 from yesterday's close. Dec 24 Soyoil closed at 39.63 cents/lb down 1.54 cents from yesterday's close. Oct 24 Live Cattle closed at $175.175/cwt down $2.075 from yesterday's close. Oct 24 Feeder Cattle closed at $230.95/cwt down $3.625 from yesterday's close. Oct 24 Lean Hogs closed at $79.5/cwt down $1.2 from yesterday's close. Oct 24 WTI Crude Oil closed at $68.21/barrel down $0.94 from yesterday's close. ...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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...
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.