Mar 25 Corn closed at $4.28/bushel, up $0 from yesterday's close. Mar 25 Wheat closed at $5.485/bushel, down $0.095 from yesterday's close. Jan 25 Soybeans closed at $9.8875/bushel, up $0.0525 from yesterday's close. Jan 25 Soymeal closed at $295.4/short ton, up $4 from yesterday's close. Jan 25 Soyoil closed at 40.92 cents/lb down 1.79 cents from yesterday's close. Feb 25 Live Cattle closed at $188.6/cwt up $0.9 from yesterday's close. Jan 25 Feeder Cattle closed at $258.775/cwt up $0.675 from yesterday's close. Feb 25 Lean Hogs closed at $87.925/cwt down $0.35 from yesterday's close. Jan 25 WTI Crude Oil closed at $68.75/barrel down $0.02 from yesterday's close. ...
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.
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...