The common expectation at the recent Wheat Congress in Argentina is that market inefficiencies will improve once there is a new government, but producers' current financial difficulties are compounded by their need to sell the poor quality wheat from previous seasons that they have retained. Wheat Approximately 1,500 participants in the Argentine wheat market gathered for a Wheat Congress 29-30 April in Mar del Plata (south of Buenos Aires Province). Farmers, exporters, millers and brokers shared in frank discussions regarding the present difficult financial condition of Argentine wheat producers. There seems to be common expectation that current market inefficiencies and resulting difficulties will improve once a new government assumes p...
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.