The simple fact is that demand for U.S. soybeans, corn and wheat has been much better than most analytical groups anticipated.USDA released the February WASDE this morning, and the numbers were slightly bullish for the second time in a row. That's a big deal during this period of time when nearly every analyst on earth remains exceedingly bearish. This month's WASDE revisions are typically not very significant because it is February. Northern Hemisphere crops are still either dormant or not planted. There could be an issue with production in South America, but that isn't the case this year. The simple fact is that demand for U.S. soybeans, corn and wheat has been much better than most analytical groups anticipated.Here are today's USDA endi...
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.