Market Update Last week, the market was very slow in Brazil, almost getting into Christmas mode. Even the Chinese were pretty quiet. Crush margins in China, although still good, dropped from their highs. On the other hand, all of the conversations between China and the U.S. about a trade war solution kept buyers alert to a possible drop in basis levels. In fact, the spot basis dropped in Brazil once it was realized that China would not need to buy any more January positions from them. There was also some pressure on February deliveries, which dropped a little and put some pressure on March as well. All this due to the lack of buying interest from China. Another factor to consider is the upcoming Chinese New Year celebration during the las...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...