Russian Grain Market: 31 January – 7 February 2012 GRAIN COMMODITIES AND FLOUR Last week's upward trend in the Russian domestic grain market strengthened. Milling rye prices that were either dropping or stable for a long time suddenly increased by 6 percent in Black Soil region last week (yet the price is likely to stop growing once it catches up with the feed wheat price). Corn prices continued to grow, exceeding the feed wheat price. It may soon reach the price of 4th category wheat but further growth is unlikely.Prices in the milling and feed wheat markets grew because of speculations about the introduction of export duties and worsening weather conditions. Asov Sea ports and river ports were closed as a result of the extremel...
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.