Dec 24 Corn closed at $4.26/bushel, up $0.0125 from yesterday's close. Dec 24 Wheat closed at $5.925/bushel, up $0.0275 from yesterday's close. Nov 24 Soybeans closed at $10.34/bushel, down $0.0375 from yesterday's close. Dec 24 Soymeal closed at $324/short ton, down $6.5 from yesterday's close. Dec 24 Soyoil closed at 44.57 cents/lb up 0.6 cents from yesterday's close. Dec 24 Live Cattle closed at $187.025/cwt up $0.025 from yesterday's close. Nov 24 Feeder Cattle closed at $249.15/cwt down $0.125 from yesterday's close. Dec 24 Lean Hogs closed at $76.825/cwt up $0.675 from yesterday's close. Nov 24 WTI Crude Oil closed at $77.14/barrel up $2.76 from yesterday's close. ...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.