It may be that we spend too much time discussing the current soy complex. After all, there are currently some market-interesting developments in corn and wheat as well. However, it is the soy complex markets, specifically soybeans and soymeal, that are grabbing nearly all the attention these days. It is hard to avoid discussing them even at the risk of overdoing it. Soybean and soymeal futures have been driven sharply higher by the drought in Argentina and its potential negative impact on that country’s soybean production. Soymeal has been the complex leader since a reduced crop there would arguably have a greater impact on the world soymeal market than on the world soybean market. Thanks in large part to its differentiated export ta...
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.