There are a number of crops from Brazil to India that are being negatively impacted by weather events, which could have implications for planting decisions elsewhere.A great deal of time is spent worrying about the weather and how it might affect world crop production, although there hasn’t been much to fret about over the past two to three years. Weather has been nearly perfect, and global crops reflected this with record production. That offset huge and expanding world demand, and prices of course collapsed.By all accounts, the current El Nino is one of the strongest on record. It evidently hasn’t peaked yet, and the traditional effects of such a powerful weather pattern have been slow to manifest. However, that appears to be changing. Th...
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.