News Updates EGYPT COMMENTS Egypt's GASC said that in recent weeks it has built up the strategic wheat stockpiles to a level that can cover the country's needs for close to seven months. There was no comment on whether it intends to maintain this level or if it will be used in coming months.To solve the fuel shortages in the country, the Egyptian government announced that it will be issuing ration cards so that it can maintain control of the available supply and reduce the amount of profiteering that has happened with the subsidized fuel supplies. Hopefully this will solve the problems and help the truck transportation system start working efficiently once again. The government also announced that it intends to stop all subsidies on octan...
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.