Ukraine's domestic prices for milling wheat and feed wheat were more or less stable (in UAH expression) 5-9 October despite the growth in their respective export prices. Both domestic and export feed barley prices continued to increase, however, due to rising demand from traders and limited offer. Russian Grain Markets Harvest Update 101.1 MMT of grain were harvested from 42.3 million hectares (95.3 percent of the target) as of 12 October 2015 compared with 103.5 MMT from 41.5 million hectares as of the same date a year ago. Specifically, 63.3 MMT of winter and spring wheat were produced from 25.2 million hectares (98.3 percent of the target) as were 18.1 MMT of winter and spring barley from 8.1 million hectares (98.3 percent of th...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
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.