Oilseeds Reduced U.S. Imports and ASF Push Crushers to Cut Activity The temporary lull in the trade war has done little to restore U.S.-China soybean trade. With the U.S. government shutdown also ending last Friday, access to weekly export data has just been restored. However, due to the record length of the closure, it will take time to catch up on the weeks of lost work and bring the data current. Through the past mid-December, U.S. soybean commitments to China for the 2018/19 crop year totaled 2.02 MMT. Although just 341,003 MT had been exported by that point, those total commitments were essentially equal to a very good week in the fourth quarter of years past. Meanwhile, the toll of African swine fever (AFS) on hog prices and feed d...
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.