Markets were higher overnight in very good trading volume for a night session. U.S. equity markets were expected to recover some of Friday’s big losses, and weather across Argentina and the southern Plains is still a problem. U.S. equities were super strong today. The weekend news programs were not as pessimistic on the China trade issues, and negotiations are actually underway now. The Dow was up over 600 points late in the session. The U.S. dollar and crude oil were slightly weaker. Grain and oilseed markets, however, couldn’t hold gains and closed lower. The sell-off was the result of talk that Thursday’s acreage and stocks numbers will likely be somewhat bearish (or at least not bullish). Funds reportedly started thi...
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.