Markets did absolutely nothing overnight and started that way this morning. Prices were little changed in corn, wheat and soybeans until just after 10:30 a.m. (EDT). General Comments Markets did absolutely nothing overnight and started that way this morning. Prices were little changed in corn, wheat and soybeans until just after 10:30 a.m. (EDT) when some small buying surfaced in corn and soybeans. There was little news to discuss. The dry southern Plains did receive some good rain in some areas while others did not, and there are additional chances in the days ahead. Weather still looks cold and wet across the eastern half of the U.S. This will keep the corn planting pace slow, although "slow" is a relative term as it is only 17 April.U...
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.