General Comments Markets were firm to strong in the Sunday evening session, and continued that strength through most of this morning before backing off around noon. Soybeans were the leader and had a very wide trading range with the biggest moves happening overnight. Overall volume today was moderate. There wasn't very much news to generate price movement either way. Outside markets were mixed with crude oil, the dollar and financial markets slightly lower early in the day. Late in the session, however, crude oil was down nearly $2 a barrel and the dollar index had turned positive. Losses in the financial markets were accelerating. Soy Complex FUTURES Soybeans opened firm Sunday afternoon and eventually traded as much as 20+ higher...
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.