Wth 13.1 percent more grain stocks as of 1 January than a year ago, the forecast for Russia's MY 2016/17 grain exports has been increased again. Meanwhile, Ukrainian grain output and sunflower production were also up in 2016. Russian Grain Markets Market Trend: 23-27 January 2016 Grain prices either grew slightly or remained stable, although they decreased in USD expression. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the South (+$3.30/MT) as well as Central and Black Soil (+$0.20/MT). However, they dropped in Volga Valley (-$0.30/MT), Ural (-$0.20/MT) and Siberia (-$0.50/MT).4th grade soft milling wheat prices increased in the South (+$1.30/MT), but they fell in Central and Black Soil (-$0.50-.70/MT), Volga Valley and U...
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.