General Comments Grain and oilseed futures were steady to higher in the Sunday evening session and gained strength as it wore on. The day session opened much stronger than expected and gained strength from there, with the soy complex leading the way. It was interesting that the weather forecast for Argentina and southern Brazil really have not changed since last Friday. A cold front will pass through the region in the next two days, and that will create thunderstorm activity that could drop 0.5-1 inch of rain across 60-70 percent of the entire area. Thunderstorm activity can be highly variable, so some areas might get missed and others might see heavy rains. The forecast after this turns very hot and very dry again. It is this extended...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.