Corn has been a golden grain for the farmers in most states, but lower prices during harvest and higher ones for other crops may induce them to shift to more lucrative choices. Meanwhile, growth in two sectors is expected to create higher demand. Looming Drought-Like Situation Returns to South India India’s overall monsoonal rains are 2 percent above average as of 21 July, but parts of the southern peninsula have not received enough. South interior Karnataka has a deficit (25 percent) as do some major corn-growing areas such as Haveri, Dharwad, Raichur and Hassan (26-50 percent). Even those parts receiving somewhat better rains have deficincies, including Dakshin Kannada (19 percent), Davangere, (17 percent), Shimoga (13 percent), Chitrad...
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.