Standard commodity analysts may soon adjust their stories to proclaim, "Production will be large but demand is even larger!" Similar market dialog occurred soon after a bumper crop in 1994. General Comments Today's trading was the normal activity of lining up positions according to expectations prior to a major USDA report. It is those report expectations, particularly for corn, that should be addressed prior to Monday's reports. The average of analysts' estimates seems to be for an increase in U.S. corn acreage that is slightly larger than was specified in the 31 March Prospective Plantings Report. Such assumptions may be influenced by the fact that while the planting pace of U.S. corn started off slower than normal for a few weeks, it e...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.