Perhaps more than anything else, 2013's final session demonstrated how interconnected various commodities can become. General Comments The last trading session of 2013 found the soy complex under considerable pressure, corn prices trending lower and wheat prices working higher. Perhaps more than anything else, 2013's final session demonstrated how interconnected various commodities can become. It was confirmed that China has officially rejected several more container shipments of DDGS from the U.S. due to the presence of MIR 162. DDGS exporters anticipate more rejections to follow. China had been expected to import about 5 MMT of DDGS, which are by-products of ethanol production from corn. Most Chinese imports are from the United States...
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.