It is not at all unusual to find a period of time in a single crop cycle when the supply side appears dominant and another when demand seems to take over. However, the 2016/17 crop cycle in the U.S. may become rather unique.Two of the most commonly used words in fundamental market analyses are supply and demand. Grain market analysts attempt to accurately measure available and/or potentially available supplies of grain and soybeans before then trying to assess what the demand will be. They then use the relationship between the two to form opinions about forthcoming short-term and long-term price trends. Such analysis is hardly an exact science. Basically, it involves forecasts based on a series of assumptions that are based on other assumpt...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.