Planting on New Policy Transfer payments, technocrat speak for taxpayer money given to beneficiaries, amount to around 5 percent of farm income and can only be considered to have marginal impact on planting decisions, but they do have an impact. EU Grains Planting: A Closer Look Grains and oilseeds plantings in the EU tend to be relatively stable. However, crop shifts at member state level can be significant nonetheless, and the impact of such shifts may be greater on the cost side of farming. Increased North American Oilseed Plantings in 2014 USDA is forecasting U.S. soybean plantings to increase by almost 4 percent and the Canadian government is forecasting an 80 percent increase in that country's canola plantings in 2014. Rising Co...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
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.