THE OPEN Nov beans: 3 lower Dec meal: .20 lower Dec soyoil: 5 lower Dec corn: 1 lower Dec wheat: 1/2 lower The markets opened lower on a cautious air as headlines from China to the EPA can hit anytime and send prices in the opposite direction. Traders are watching outside markets closely, as the Swiss National Bank President Thomas Jordan said policy makers are watching for possible fallout from China's Evergrande group. Would note that more of the more volatility is coming from cryptocurrencies, even as China announces trading them is illegal. Evergrande was unable to make a payment yesterday moving them into a window of 30 pays to make payment before heading into default. China is pum...
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...
WPI recently completed an expansion of our methodology for estimating and forecasting U.S. and global soybean crushing margins. The new approach incorporates the energy market’s expanding influence on the oilseed sector and the structural changes in global biofuel demand. This report is i...
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.