Wheat: Net sales of 438,300 metric tons for 2018/2019 were down 34 percent from the previous week and 18 percent from the prior 4-week average. Corn: Net sales of 892,500 MT for 2018/2019 were up 27 percent from the previous week and 95 percent from the prior 4-week average. Soybeans: Net sales of 470,400 MT for 2018/2019 were up 47 percent from the previous week and 54 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 432,300 MT for 2018/2019 were reported for the Dominican Republic (91,300 MT), Poland (50,000 MT), Vietnam (46,400 MT), Japan (38,100 MT), and Italy (31,900 MT). Reductions were for unkno...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.