The grain and oilseed markets were mostly steady overnight, but that changed when U.S. financial markets opened with big losses. Those losses accelerated quickly with the Dow and S&P indexes down as much as 2 percent or more at noon. General Comments The world was coming apart today, and that made trying to find a green number on any market screen almost impossible. The grain and oilseed markets were mostly steady overnight, but that changed when U.S. financial markets opened with big losses. Those losses accelerated quickly with the Dow and S&P indexes down as much as 2 percent or more at noon. Crude oil was also lower and traded below $30. The U.S. dollar was slightly weaker. Gold was the big winner, trading $35-40 an ounce high...
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.