The super strong El Nino continues to be in the news on almost a daily basis. It is also starting to receive some press in agricultural markets as its impact across a number of important production areas becomes more evident.The super strong El Nino continues to be in the news on almost a daily basis. It is also starting to receive some press in agricultural markets. It wasn’t until late last week that more of the private weather services have acknowledged that all isn’t perfect in Brazil. WPI’s analysis last Friday was about the weather there. It is unusual to have back-to-back stories on this topic, especially in late December, but weather might become the driving force in early January based on the latest forecasts.Soybean futures were s...
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.