Dec 26 Corn closed at $5.3325/bushel, up $0.03 from yesterday's close. Dec 26 Wheat closed at $7.22/bushel, down $0.0325 from yesterday's close. Nov 26 Soybeans closed at $13.0425/bushel, up $0.0775 from yesterday's close. Dec 26 Soymeal closed at $356.2/short ton, up $3.4 from yesterday's close. Dec 26 Soyoil closed at 70.19 cents/lb up 0.51 cents from yesterday's close. Oct 26 Live Cattle closed at $222.25/cwt up $2.575 from yesterday's close. Oct 26 Feeder Cattle closed at $337.85/cwt up $5.35 from yesterday's close. Oct 26 Lean Hogs closed at $79.6/cwt down $1.925 from yesterday's close. Oct 26 WTI Crude Oil closed at $101.69/barrel up $1.64 from yesterday's close. ...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 1 percent below our August outlook and will be 1.2 percent below 2025 levels. Feed costs have lessen...
The Senate will reconvene today after a late August recess and will adjourn in early October, in about 3 to 4 weeks. The farm bill will move front and center on the agenda. A major fly-in is scheduled for today and Tuesday, with the goal of hitting all Senate offices. Groups participating in th...
Corn Argentina Corn planting for Argentina’s 2026/27 commercial crop is now underway, with 1.5 percent of the projected 8.4 Mha already seeded. Progress is concentrated mainly in central-northern Santa Fe, where around 13 percent of the regional area has been planted. At the same time, fa...
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.