Corn Argentina’s corn planting is finally concluded with a total of 7.3 Mha planted. The Buenos Aires Grain Exchange, which had been estimating an excessively high production of 57 MMT, reduced its forecast to 51 MMT. That number is in-line with market estimates due to drought during critical growing/yield definition periods. Despite February’s rains, 24 percent of the corn crop is still in drought conditions. At the same time, 25 percent of the total is rated fair/poor condition. Breaking that out in more detail, the late-planted crop is in much better condition than the early crop and still has time to express its full yield potential. It is very important that rain continue to fall during February. Forecasts are show...
What Matters Today... Fed holds rates steady as inflation uncertainty tied to the Iran conflict pressures equities and supports broader commodity risk premia Biofuel demand accelerating globally, with U.S. imports of used cooking oil and strong soyoil demand reinforcing upside across the soy c...
Russian Grain Markets: 20-24 April 2026 During the week in review, the Russian grains market remained volatile with a broadly bullish undertone. However, it remains too early to determine whether this shift is being driven by geopolitical factors or short-term positioning. The market continues...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.