Soybeans Market Overview The soybean market was quiet last week due to the combination of the Chinese New Year and the spreading coronavirus. The Dalian futures market was closed as the Chinese celebration of the Lunar New year extended from last Friday through this morning’s open. In fact, today’s trade featured no night session for the Dalian exchange. On the demand side, China is out of the market with crushers scared to take any position, given the potential for decreases in soyoil and soymeal demand due to the virus. China has set up a quarantine that forbids citizens in many Chinese cities from taking public transportation etc. This has lowered Chinese consumption significantly at a time when the...
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.