Outside markets continued their reversal higher following the rescission of President Trump’s tariff threats against Europe. Ukraine’s grain exports are stymied by Russian attacks, with both sides seemingly inching forward on talks, but a survey of former diplomats shows 80 percent doubting there will be a peace agreement in 2026 given Mr. Putin’s view that time is on his side. Meanwhile, there is the chance for some winterkill in the U.S. and Russian wheat crops this week, and dryness is impacting South American crops, but none of these factors changes overall bearish trends. There was a new contract high today in hogs. Overall volumes were modest, except in soymeal where there was bottom feeding. March soybea...
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.