Market demand for soybeans has been rather slow this past week with everyone seemingly expecting basis to drop as farmers started selling throughout South America. Soybeans The soybean market has been surprised this week by decreasing estimates for Brazilian production. Some traders believe it could be as low as 85 MMT. While there will still be plenty of soybeans, Chinese demand is growing every season and bigger crops are needed. Meanwhile, Argentina's soybean production seems to be gradually increasing. It is estimated that Argentine production could increase to 54 MMT, higher than the prior estimate of 53.5 MMT.Brazilian soybean basis started increasing this week, and the higher CBOT prices sparked some good selling by Argentine farme...
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.