The lack of any news from the U.S./Chinese trade meeting was disconcerting. Mostly as a result of this, soybeans were unable to build on Tuesday’s late rally in overnight trade. This was so even though wheat and corn were mildly firmer overnight. No news about the trade discussions is not good news, and soy complex futures buckled as traders sold soybeans in response. A tweet from President Trump denying the U.S. was “caving in” on lifting sanctions on ZTE was taken negatively as a sign that an agreement freeing ag products from threats of Chinese tariffs had not been reached. Noncommercials were aggressive sellers of soybean futures during the day session, sending the July contract down 19 cents and below $10.00 at the c...
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.