Corn Farmers remain focused on the soybean harvest at the expense of executing fieldwork for corn. With favorable weather over the past few days, 20 percent of the soybean area has been harvested. As a result, corn harvest progress was limited, with only a 2.4 percentage point weekly advance, bringing the total to 37 percent of the area. This remains ahead of last season, largely due to a higher proportion of early-planted corn. Corn yields remain within expectations, with the national average at 8.12 MT per hectare. The greatest progress this week occurred in the southern part of the agricultural region, where yield were variable due to heat and water stress during the summer. Exporters are encouraged by improved corn flow to s...
Corn Argentina Argentina's corn harvest continued to advance at a moderate-to-slow pace, constrained by high moisture levels in both the grain and the fields. Harvest delays remain concentrated in the remaining early-planted corn in central and southern Buenos Aires. To date, harvesting has rea...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
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.