Soybeans OLD CROP Brazilian old crop soybeans are almost complete. Two cargoes traded last week at +180 SQ CNF China. Demand is still good for August soybeans, especially FOB, but sellers are concentrating on the CNF. Ports switching from soybeans to corn, plus a lack of the commodity, have generated higher internal prices. From July onwards most ports are giving some berth priority to corn. The corn program had been planned to begin in July. For this reason, August soybeans have more demand than offers on the FOB. Buyers will be ready to pay above +80 SQ for Panamax. The Paranagua paper market for August has been gradually growing for that reason.Additionally, the Paranagua port is highly congested once again. After reducing waiting ti...
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.