Although U.S. exports and unshipped sales of soybeans and soymeal continue to run behind the pace of a year ago, today’s USDA export sales report indicated U.S. exporters' sales of soybeans, soymeal and soyoil reached unexpected levels in the week ending 17 December. Very Large U.S. Soy Export Sales Last Week After noting a week ago that it seemed that upcoming U.S. soy export sales would likely be lackluster because of the expectation of large sales out of Argentina, this clearly was not the case last week, although it may be in future weeks. Today’s USDA export sales report indicated U.S. exporters made very large sales of soybeans, soymeal and soyoil in the week ending 17 December. It showed a net total of 2.0697 MMT of U.S. soybeans w...
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.