Oilseeds Soymeal Inventory Contracts Again with Modest Decrease Fluctuating demand at the regional level due to the varying impacts of African swine fever (ASF), which has resulted in some regions not being able to ship out hogs due to quarantines and an upswing in live chicken prices in other provinces, has caused wild swings in estimated regional soymeal inventories. For example, those stocks in Shandong Province fell nearly 39 percent in just seven days two weeks ago but then reversed course last week and climbed 20,900 MT (+37.0 percent) to 77,400 MT. Similarly, soymeal inventories in Guangdong Province were down 1.7 percent two weeks ago, but they increased 26,000 MT (+44.8 percent) to 84,000 MT last week. The largest declines last w...
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.