While Brazilian beans are offered at +144 SH for February, U.S. beans are traded in the low 130s SF for January and could be around 135-140 SH for February. Meanwhile, farmers in Uruguay are still not selling, but exporters are starting to show more interest in moving product. Soybeans After last week’s movement, basis is maintaining its lowest level of the year for 2016. Offers are below +5 SN, while the last bid shown was at 0 SN. This week there has been no demand due to the weaker currency and prices in Brazil. This should put further downward pressure on Argentine beans if they are going to compete with Brazilian origin.Last weekend the incoming agriculture minister said in an interview that the soybean export duties will be reduced...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
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.