GOOD MORNING, Better rains in SA and a quiet China export picture weighed on the markets overnight. Whether the rains are sufficient is a question, but it eases the market back. With the recent rainfall there is talk of less acres under stress, with around 90% of Brazil's bean acres now planted as of Dec 3, according to AgRural. The COT showed that funds pared back length mostly for beans and meal, while maintaining a healthy long position in soyoil and corn. It also seems as though funds are looking for protection against long corn and bean positions, and last week there was noted call selling and put buying in options trade for March corn, specifically. Corn still remains well priced on the global stage, wi...
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.