Soybeans Market Overview The market was quiet last week on slow Chinese demand. Dalian soymeal futures fell 2 percent last week with tweet-based news of a meeting between Presidents Trump and Xi pressuring Chinese crush margins and soybean demand. As it has always done based on these sorts of tweets, the market stood still while awaiting further details. With past Trump/Xi meetings, there has typically been a cycle of positive tweets and then positive tweets that include encouraging details, which have been followed by disappointing and trade war-lengthening tweets. That pattern has been fairly well defined over the past year, and this analyst didn’t expect any different outcome from last week’s tweet. It is difficult t...
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.