Corn The corn market in Argentina continues to be relatively quiet. Offers for old crop corn are scarce, with sellers asking for 15 October and November shipment out of Upriver ports at -5 CZ. There are isolated offers for December shipment at -50 CZ with a high buying front at -60 CZ. Trading houses are running out of export licenses and premiums are becoming firmer. Demand is willing to trade at -75 CZ.Argentine corn is very in-demand for all shipments, but especially so for January and February. Buyers are ready to pay -65 and -60 CH, respectively. Both shipments are logistically complicated due to the entrance of new winter crops during that time. This week there were rumors that the United States purchased at least 0.80 MMT of Argen...
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.