General Comments There was not a lot of fresh news overnight and today for the grain and oilseed markets to trade. That was the case last Friday as well and might be the case until we get to the 28 June quarterly stocks and acreage reports. Weather does look warmer and drier, and that put pressure on the soybean complex as the trade expects the full complement of soybean acres to finally get in the ground. There are some discrepancies in the extended forecasts. The words "dome" and "ridge" appear over the western Corn Belt outlooks, but don't appear to be a long-term threat today. The western Corn Belt needs some heat to get these late planted crops moving.U.S. financial markets were very strong most of the session but started to fade...
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.