THE OPEN July beans: 15 higher July meal: 3.50p higher July soyoil: 38 higher July corn: 22 higher July wheat: 21 higher The markets opened higher than expected with corn, wheat and beans posting new contract highs. Profit-taking was later noted for oilshare, as crude remains weaker due to increasing covid cases in India, perhaps stalling out demand. Unwinding of prev. buy energies/sell the US dollar prompts some bulls to book profits on oilshare. Grains move sharply higher over the soy complex as weather remains dry in Brazil which could lower Safrinha crop production potential, while US spring wheat crops are seeing adverse conditions as well. At 10:00 ex...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.