News Updates Ramadan has finished and all Muslim countries are currently celebrating Eid-Al-Fitr — the festival of breaking the fast. Most offices will be closed until Wednesday in many Muslim countries, but quite a bit longer in some others where holidays can stretch out to as long as 10 days.Business will be back to normal in most countries before the end of the week as banks, offices, governments and ports return to normal working hours. Animal Feed Comments With the very high price of grains in the U.S. due to the current drought, as well as similar problems with wheat across Southern and Eastern Europe complicated by the expected reduction of the corn crop in Romania and the Ukraine, the animal feed industry faces some...
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.