Ukraine's grain exports via its sea ports had a slight gain last month against the results of February 2014. Turkey's imports of Ukrainian wheat, however, showed a notable change compared with last year. Russian Grain Markets Planting Update As of 16 March 2015, spring grain crops had been planted on 294,700 hectares (0.6 percent of the target). Market Trends: 9-13 March 2015 The downward trend continues to dominate Russia's domestic grain market. Yet, the decrease in prices during this period was less significant than during the previous week. GEOGRAPHICALLY: 3rd grade soft milling wheat prices declined in Ural (-$5.30/MT), Black Soil (-$3.70/MT), the South, Volga Valley and Central (-$2.20-2.40/MT) as well as in Siberia (-$1.60/MT)...
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.