Ukraine's milling wheat prices decreased slightly because of a more stable national currency and slightly lower export prices. Feed wheat and barley prices also fell at ports due to lower demand as potential buyers are awaiting the new harvest feed wheat to enter the market. Russian Grain Market Market Trends: 13-17 June 2016 New harvest grain prices began to form in the southern parts as prices continued to grow in the inner regions. GEOGRAPHICALLY 3rd grade soft milling wheat prices increased in Central and Siberia (+$1/MT) as well as Ural and Volga Valley (+$2.50-2.80/MT), but they fell in the South (-$2/MT) and remained stable in Black Soil.4th grade milling wheat prices dropped in the South (-$4/MT) and grew in Black Soil and Volg...
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.