As we transition from one year to the next, it has become our habit to make some not-so-fearless forecasts for the upcoming year. With a bow to intellectual honesty, we have also looked back at the year just ended to see if our predictions were any good.As we transition from one year to the next, it has become our habit to make some not-so-fearless forecasts for the upcoming year. The best thing that could happen to such predictions is that they be forgotten. However, with a bow to intellectual honesty, we have also looked back at the year just ended to see if our predictions were any good. Here is how those predictions for 2014 worked out:
We predicted U.S. farmers would reduce corn acreage to about 93 million acres and increase soybean...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...