Overall, the Argentine wheat market is still depressed because of government policies. The only effective way to reactivate exports is to open the full quota. Soybeans We have recently been informed that the Brazilian soybean market is acting a bit heavy in the spot market. Demand seems to have recently weakened because of negative crush margins in China that resulted primarily from weaker demand for meal. Yet, China has received a total of 7 MMT in February from the U.S. and Brazil. Several Chinese buyers are now trying to defer future shipments and even cancel boats. This is a key factor that is putting pressure on the spot shipments. Currently, there are several sellers in the South American markets offering early harvested soybeans wi...
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.