Aside from seasonal considerations, there are plenty of other outside influences in play that can move grain and soy futures prices, mainly higher in the short term.The Labor Day holiday weekend is over, which is generally considered the practical end of summer despite the calendar indicating otherwise. Temperatures are trending cooler, children are back in school, and college football is underway with the pro games soon to follow. Labor Day usually also signals a transition for the principal spring-planted crops of corn and soybeans with their growing season all but over. Harvest is or should be well underway in the Deep South and off to a start in the Mid-South. There may even have been a little corn harvested in southern parts of Illinoi...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.