Corn During January, most of Argentina’s agricultural region received an average of 100 mm of rain, which helped to partly reverse several months of extreme drought. This gave a second life to late planted corn, which was planted late to avoid pollinating/kernel filling during late December and January. Those two months are typically times of high temperatures and low rainfall. Yield potential is affected throughout the crop but especially in the early crop. In the core agricultural region losses of up to 70 percent are predicted for the early corn and approximately 20 percent for late corn. The forecasts have changed and now no additional rains are expected for the next two weeks. It is important to maintain rainfall r...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.