Ukraine's crude sunflower oil prices stopped growing and remained at $866-869/MT EXW. Although forecasts for 2017/18 production are lower than the 2016/17 results, there should be no significant increase in prices because of one factor. Russian Grain Markets: 18-22 September 2017 Market Trends The decrease of prices slowed or stopped in the European part of Russia, but that trend continued in the Asian part. GEOGRAPHICALLY 3rd grade soft milling wheat prices kept dropping in Siberia (-$4.10/MT), Ural (-$2.80/MT), Central (-$1.40/MT), and Black Soil and Volga Valley (-$0.40/MT), but they grew in the South (+$1.60/MT).4th grade soft milling wheat prices decreased in Siberia and Ural (-$4.60/MT), and Central and Volga Valley (-$0.90...
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.