Markets were mixed overnight. The soy complex then joined wheat and corn when this morning's session opened by trading lower. Although there again wasn't any fresh news around the market, there were two bearish factors. General Comments Markets were mixed overnight with corn and wheat slightly lower and the soy complex higher. The soy complex then joined wheat and corn when today’s session opened by trading lower as well. There again wasn’t any particularly fresh news around today’s markets. Informa released its monthly world production estimates, and those were slightly bearish. Perhaps the other bearish factor today was that the weekend is ahead, which has the trade somewhat apprehensive about what might come out of Washington between n...
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.