Markets are now in the midst of a two-three week “dead” zone as there is simply very little to inspire trade movement in either direction. There are, though, a number of issues that thy are dealing with.Markets are now in the midst of a two-three week “dead” zone. There is simply very little fresh news to inspire trade movement in either direction, although the easiest path always seems to be lower. Corn, soybean and wheat futures didn’t change much this week after all was said and done. USDA’s next important reports are two weeks from today when it releases the planting intentions and quarterly stocks estimates. The report expectations have already been repeatedly beaten to death by analysts. Following are some of the issues the market is...
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.