Whether or not corn can develop a livelier story that might stimulate market activity is an active question with the answer yet to be determined. That answer is likely to be determined by the interplay between several conflicting factors.USDA’s January WASDE and quarterly stocks reports plus the crop-threatening turn of Argentine weather have generated the highest level of excitement for the soybean market in quite some time. Since all those reports were released at noon (EST) on 12 January through yesterday’s close, soybean futures prices have gained about 6 percent. That post-report price action actually plugged into and cemented an upward price trend that has been in place since the first of the year.The corn market, on the other hand, h...
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.