Soybeans Market Overview The soybean market was very slow last week with China celebrating a week-long national holiday that closed the Dalian futures market. There was some activity in the U.S. as some Chinese crushers had a tax-free import quota to use or lose. The Chinese bought U.S. soybeans from the PNW at 155X CNF, much higher than the trades last month at 135X CNF. U.S. Gulf purchases were secured at 175-180X CNF China – levels that are close to Brazilian offers. It's interesting to note that some Chinese crushers were included in the tariff-free quotas but none of the Western trading houses were included. That means western trading houses will be less competitive as they are forced to buy more expensive soybeans from...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.