While it has become common practice for exporters to fill all of their storage capacity with corn during December and January in preparation for March shipment, this year they made their purchases earlier (November/December). Now the ports are overcrowded with corn, and many are in the market trying to buy demand. Corn During the last few years, it has become common practice for exporters to fill all of their storage capacity with corn during December and January in preparation for March shipment (when the government typically releases new crop licenses). The exporters took advantage of the lack of export licenses at the end of the year as well as the limited number of domestic buyers and were able to buy corn cheaply, which they can then...
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.