The quarterly stocks numbers for corn and soybeans were slightly bearish. The soybean number at 405 million bushels was 27 million bushels higher than expected. That provides a little more cushion to get to the new crop harvest.You don't have to read much analysis today to know that the USDA acreage and quarterly stocks numbers were all bearish. In fact, there was very little to find that was even neutral. Here are the numbers with our comments:There were several bearish surprises in today's planted acreage estimates. First, the total planted acreage for the eight major crops came in 5.3 million acres higher than the 31 March estimates. This acreage debate has lingered on for several years now, and the problem apparently is how prevented pl...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.